<Tr> <Td> <Ul> <Li> </Li> <Li> </Li> <Li> </Li> </Ul> </Td> </Tr> <Ul> <Li> </Li> <Li> </Li> <Li> </Li> </Ul> <P> Management (or managing) is the administration of an organization, whether it is a business, a not - for - profit organization, or government body . Management includes the activities of setting the strategy of an organization and coordinating the efforts of its employees (or of volunteers) to accomplish its objectives through the application of available resources, such as financial, natural, technological, and human resources . The term "management" may also refer to those people who manage an organization . </P> <P> Social scientists study management as an academic discipline, investigating areas such as social organization and organizational leadership . Some people study management at colleges or universities; major degrees in management include the Bachelor of Commerce (B.Com .) and Master of Business Administration (MBA .) and, for the public sector, the Master of Public Administration (MPA) degree . Individuals who aim to become management specialists or experts, management researchers, or professors may complete the Doctor of Management (DM), the Doctor of Business Administration (DBA), or the PhD in Business Administration or Management . </P>

What do you understand by the term management