Management is the process of planning, organizing, leading, and controlling resources to achieve organizational goals efficiently and effectively. It involves coordinating the efforts of people to accomplish common objectives and entails various functions such as decision-making, communication, problem-solving, and delegation. Effective management ensures that resources are utilized optimally, tasks are completed on time, and goals are met satisfactorily. Moreover, it plays a crucial role in fostering innovation, motivating employees, and adapting to changing environments to ensure the long-term success of an organization. Question: How does effective management contribute to organizational success, and what are some key functions associated with it?
Management is the process of planning, organizing, leading, and controlling resources to achieve organizational goals efficiently and effectively. It involves coordinating the efforts of people to accomplish common objectives and entails various functions such as decision-making, communication, problem-solving, and delegation. Effective management ensures that resources are utilized optimally, tasks are completed on time, and goals are met satisfactorily. Moreover, it plays a crucial role in fostering innovation, motivating employees, and adapting to changing environments to ensure the long-term success of an organization.
Question: How does effective management contribute to organizational success, and what are some key functions associated with it?
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