Home > Business Group > Question and Answer

Business Group

Question:

mosevan
mosevan
Student
Graduate School

What is business management?

Rate question:

Posted by mosevan on Friday May 1, 2009 at 9:44 AM and tagged with business, management.

Answers:

  1. krishna-agrawala
    krishna-agrawala Teacher
    Graduate School

    eNotes Editor

    Business management is the task of ensuring effective and efficient running a business enterprise. Although, there are unlimited varieties of business enterprise with equally unlimited variety of operations carried out in them, some common managerial functions can help to improve the performance of each and every enterprise. As a matter of fact these common functions are also equally applicable and useful for non-business enterprises also.

    we can group all the jobs performed by a manager in following four broad functions.

    • Planning or decision making.
    • Organizing and staffing.
    • Motivating or leading.
    • Controlling.

    Rate answer:

    Posted by krishna-agrawala on Friday May 1, 2009 at 11:17 AM