Principles of Management

Principles of Management

Management is the process of designing & maintaining an environment in which individuals, working together in groups, efficiently accomplish selected aims
Functions of Top Management :
  • 1-To analyze, evaluate & deal with the external environmental forces
  • 2-To establish overall long-term goals strategy & policies of the company including the master budget to allocate resources.
  • 3-To create an organizational framework consisting of authority responsibility relationships.
  • To appoint departmental & other key executives.
  • To provide overall leadership to the company.
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