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Management is defined as the pursuit of organizational goals efficiently and effectively. Organizations, or people who work together to achieve a specific purpose, value managers because of the multiplier effect: Good managers have an influence on the organization far beyond the results that can be achieved by one person acting alone. Managers are well paid, with the chief executive officers (CEOs) and presidents of even small and midsize businesses earning good salaries and many benefits. Management is following organizational goals efficiently and effectively by various means. It covers a wide spectrum of operations, functions, decisions, workers, etc. and they all work together to achieve a certain goal. In simpler words, management is the art of getting things done from others. It’s among the most important fields of today’s world and nearly all organizations heavily require managers to manage the organization. It won’t be wrong to state that a major portion of a company’s success (or failure) is because of management.


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