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Management is the process of planning, organizing, leading, and controlling the efforts of organizational members and using organizational resources efficiently and effectively to achieve predetermined goals. It involves the coordination of human, financial, and physical resources to accomplish desired objectives. Management applies to all types of organizations including business, government, education, healthcare, and non-profit organizations. It is a universal activity and a continuous process that plays a key role in ensuring the survival and growth of organizations. The key aspects of management are goal-oriented activities, efficient use of resources, and dynamic adaptation to changing environments. The functions of management provide a structured framework for achieving organizational goals. These functions are interrelated and are applied in a continuous cycle. The major functions of management include planning, organizing, staffing, directing, and controlling. 1. Planning Planning is the primary and most crucial function of management. It involves setting objectives and determining the best course of action to achieve them. Planning bridges the gap between ________ ___ ___ __________ ________ ____ __________ ____ _______ ______ _____ _______.
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