BUSINESS ADMINISTRATION (833) class 12 | Unit 1- Introduction to Management | study material
BUSINESS ADMINISTRATION (SUBJECT CODE - 833) CLASS – XII (SESSION 2021-2022) Unit 1- Introduction to Management Here you will detail study material of business administration CBSE class 12. 1.1 Meaning of March nagement Every human being has several needs & desires which can be satisfied only by working & living together in organized groups & institutions. In this way the people satisfy their economic & social needs. As a result there are several types of groups e.g. Family, school, government and business firm etc. Such groups achieve their goals by working in controlled & coordinated manner. Management involves coordinating and overseeing the most activities of others so that their activities are completed effectively & efficiently. The 21st century economy has become knowledge based and is performance driven. It is driven by innovations & technology & organizations have to transform themselves to serve new...