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BUA 201 200 First Semester

Nature and purpose of management 3

Nature and purpose of management series 1

Business Administration 11 minutes 36 seconds Principles of Business Administration I

Nature and Purpose of Management refer to the fundamental characteristics of management and the reasons it is essential in organizations and society. Management is a continuous process of planning, organizing, staffing, directing, and controlling resources to achieve predetermined goals efficiently and effectively. It is both a science, because it relies on established principles and systematic methods, and an art, because it requires human skills, creativity, and judgment in decision-making. The purpose of management is to coordinate human and material resources, improve productivity, ensure the achievement of organizational objectives, maintain a productive work environment, and adapt to changing conditions. By guiding individuals and teams toward common goals, management plays a vital role in the success, growth, and sustainability of organizations in both the public and private sectors.

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BUA 201 · Principles of Business Administration I
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BUA 201 · Level 200
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LaNet Bot
BUA 201 · Level 200
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👋 Hi! I'm LaNet Bot, your BUA 201 Principles of Business Administration I assistant. Ask me anything about this course and I'll answer based on your lecture notes and video content.

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