Question
Explain in brief, 'management' as a group of people having managerial responsibilityfor an enterprise.
Solution
n the context of management, the word 'group' is used in two different contexts: firstly, it refersto the group of people who are actually doing the work and are being managed, and secondly,to the group of people who perform the activity of 'management', i.e., the 'managers'. In thisdiscussion, by 'group' we imply to the group of people who perform the work of management.According to this description of management, the activity of management is not carried out byany one particular person (manager), but rather it is collectively carried out by a group of persons(managers).
