Nature of Management and its Process

Business management consists of various sub-domains that are totally different but equally important. To understand the nature of this management process in depth one must have the knowledge of management with respect to all the disciplines. Also, studying about managerial roles is important. So, let’s get ready to explore all of this here in this chapter.

• Concept of Management
• Objectives and Importance of Management
• Management as Science
• Management as Art
• Management as Profession
• Management Functions
• Development of Management Theory
• Managerial Roles
• Skills of an Effective Manager
• Tasks and Responsibilities of Professional Managers