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Nature of management: According to Bradford and Johnson
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According to Bradford and Johnson, “Management is an intangible part of production which develops within the lives of men. It is first a mental process, a concentration of desires, a will power. In economic terms management is one of the factors of production together with land, labour and capital. Learn how management is a science, an art, and a profession, with examples and references. Explore the history, methods, and challenges of management as a discipline and a career. What is Management? Management is required for an established life and essential to managing all types of management. Sound management is the fortitude of thriving companies. Managing life implies getting everything done to accomplish life’s aspirations and maintaining an establishment means getting everything done with and by other people to deliver its objectives. To put it in other words, the organisation and coordination of the pursuits of an industry for the idea of accomplishing ... Explore the nature and scope of management—its core principles, key functions, and vital role in organizational success and decision-making.
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