Term

Management

Definition

The coordination and organization of business activities, people, and resources to achieve their aims

Term

Functions of Management

Definition

Commanding: giving instructions to workers to achieve objectives Coordinating: communicating amongst departments to ensure optimal function as a whole Controlling: ensuring high quality performance and completion of tasks Planning: developing a formal action plan to achieve objective Organizing:

Term

Leadership

Definition

Ability of an individual or group to influence and guide members of an organization. In other words, it is the process if social influence, which maximizes the efforts of others, towards the achievement of a goal