Principles of Business Management
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- Authors
- Pawan R. Naik, Archana R. Kahaley (Patki)
- Publisher
- Adhyaya Publishers & Distributors
- Categories
- Economics, Management, Nonfiction
- ISBN
- 9788184355727
- Edition
- 2018
- Format
- Hard Bound
- Size
- Demy
- Pages
- 272
Description
Business Management explores fundamental managerial functions using empirical examples and simple language. The book examines planning as a core process where managers establish goals, define methods, and make decisions by evaluating alternative future courses of action. It details step-by-step decision-making to organize relevant information and identify satisfying alternatives. Furthermore, the text defines coordination as the orderly organization of activities to align individual efforts with group goals, while distinguishing it from cooperation, viewed as discretionary joint efforts for mutual benefit. The book also analyzes staffing as an essential function for organizational survival, emphasizing the proper utilization of resources through the strategic placement of personnel based on ability, talent, aptitude, and specialization. Ultimately, these contents provide a useful resource for students, policy makers, administrators, and managers seeking to understand core organizational practices.