In management, resources are effectively planned, organized, led, and controlled in such a way that they accomplish specific organizational objectives. Management is a discipline that has evolved over the years and plays a crucial role in the success and sustainability of businesses, organizations, and even non-profit organizations. Management encompasses a variety of principles, theories, functions, and processes used to guide individuals in managerial roles to make informed decisions, solve problems, and lead teams.
A variety of disciplines, such as economics, psychology, sociology, and operations research, have contributed to the development of management. It includes a broad range of principles, theories, functions, and processes that guide individuals in management roles in their day-to-day operations and strategic decision-making.