Management

[Cecilia Santos]

Management is a fundamental aspect of business that involves coordinating and overseeing the activities of an organization to achieve its goals efficiently and effectively.

Management Styles and Approaches:

Autocratic: Centralized decision-making by one individual.
Democratic: Involving employees in decision-making processes.
Laissez-Faire: Giving employees freedom to make decisions with minimal supervision.

Management Functions:

Planning: Setting objectives and determining the best course of action to achieve them.
Organizing: Structuring resources and tasks to accomplish goals.
Leading: Motivating, guiding, and influencing employees to work towards organizational objectives.

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