Submitted by Amallen61 on May 27, 2007

• Category: Business
• Words: 734
• Pages: 3
• Views: 433
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Functions Of Management

Functions of Management

The success of any business venture relies upon effective management and the responsibility of the manager to ensure the stability of the organization. The enormous changes associated with the information revolution have posed new problems for today’s managers necessitating a fundamental restructuring of the business methodology. The emergence of the global economy has impressed upon the management to spurn away the traditional hierarchical organizational model towards network and virtual organizational setups. Survival in this global competition depends largely on good management skills and hence it is incumbent upon managers to master the people...

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