1 A - Learning Business Studies

1 A


Concept
After going through this unit, the
student/ learner would be able to:
Management - concept, objectives, and importance
  • Understand the concept of management.
  • Explain the meaning of ‘Effectiveness and Efficiency.
  • Discuss the objectives of management.
  • Describe the importance of management.
Management as Science, Art and
Profession
  • Examine the nature of management as a science, art and profession.
Levels of Management
  • Understand the role of top, middle and lower levels of management
Management functions-planning,
organizing, staffing, directing and
controlling
  • Explain the functions of management
Coordination- concept and importance
  • Discuss the concept and characteristics of coordination.
  • Explain importance of coordination.

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