<p style="text-align:justify"><span style="font-size:14px"><strong>Management</strong>&nbsp;(or&nbsp;<strong>managing</strong>) is the administration of an&nbsp;organization, whether it is a&nbsp;business, a&nbsp;non-profit&nbsp;organization, or a government body. It is the art and science of managing resources.</span></p>

<p style="text-align:justify"><span style="font-size:14px">Management includes the activities of setting the&nbsp;strategy&nbsp;of an organization and coordinating the efforts of its&nbsp;employees&nbsp;(or of volunteers) to accomplish its&nbsp;objectives&nbsp;through the application of available&nbsp;resources, such as&nbsp;financial,&nbsp;natural,&nbsp;technological, and&nbsp;human resources. &quot;Run the business&quot;</span><span style="font-size:11.6667px"> </span><span style="font-size:14px">and &quot;Change the business&quot; are two concepts that are used in management to differentiate between the continued delivery of goods or services and adapting of goods or services to meet the changing needs of customers - see&nbsp;</span>trend<span style="font-size:14px">. The term &quot;management&quot; may also refer to those people who manage an organization&mdash;</span><strong style="font-size:14px">managers</strong><span style="font-size:14px">.</span></p>

<p style="text-align:justify"><span style="font-size:14px">Larger organizations generally have three&nbsp;hierarchical&nbsp;levels of managers,&nbsp;in a pyramid structure:&nbsp;Senior managers,&nbsp;Middle managers&nbsp;and&nbsp;Lower managers.While in smaller organizations, a manager may have a much wider scope and may perform several roles or even all of the roles commonly observed in a large organization.</span></p>

<p style="text-align:justify"><span style="font-size:14px">Social scientists&nbsp;study management as an&nbsp;academic discipline, investigating areas such as&nbsp;social organization,&nbsp;organizational adaptation, and&nbsp;organizational leadership</span></p>

<p style="text-align:justify"><span style="font-size:14px">From an individual&#39;s perspective, management does not need to be seen solely from an enterprise point of view, because management is an essential function in improving one&#39;s&nbsp;life&nbsp;and&nbsp;relationships&nbsp;Management is therefore everywhere&nbsp;and it has a wider range of application. Communication and a positive endeavor are two main aspects of it either through enterprise or through independent pursuit. Plans,&nbsp;measurements, motivational psychological tools, goals, and economic measures (profit, etc.) may or may not be necessary components for there to be management. At first, one views management functionally, such as measuring quantity, adjusting&nbsp;plans, meeting&nbsp;goals. This applies even in situations where planning does not take place. From this perspective,&nbsp;Henri Fayol&nbsp;considers management to consist of five&nbsp;functions:</span></p>

<ol>
	<li style="text-align: justify;"><span style="font-size:14px">planning (forecasting)</span></li>
	<li style="text-align: justify;"><span style="font-size:14px">organizing</span></li>
	<li style="text-align: justify;"><span style="font-size:14px">commanding</span></li>
	<li style="text-align: justify;"><span style="font-size:14px">coordinating</span></li>
	<li style="text-align: justify;"><span style="font-size:14px">controlling</span></li>
</ol>