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CSEET · Business Laws and Management · Management Knowledge for Company Secretaries

Which of the following best describes management as a process?

Management as a process means coordinating human and material resources through planning, organising, directing and controlling so that organisational goals are achieved effectively and efficiently. It is continuous, not a single act of command, and differs from ownership or record-keeping.

  1. AA one-time act of issuing orders to subordinates
  2. BCoordinating human and material resources through planning, organising, directing and controlling to achieve goalsCorrect
  3. COwning the capital of a business and bearing its risk
  4. DMaintaining the statutory books of a company

Explanation

Management is a continuing process of working with and through people and resources to achieve organisational goals, using functions such as planning, organising, directing and controlling. Option A treats it as a single act, and options C and D describe ownership and record-keeping, not management.

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