What is Business Management
The English verb "manage" comes from the Italian maneggiare, which means to handle, as in handling a tool.
This in turn comes from two Latin words: Manus, hand, and Agere, to act.
Management is to take action that handles a situation, that makes something happen.
The Business is the idea, the Management is turning it into a reality
- Business Management is what moves an owner form "idea" to "business".
- A management plan and policy will give the steps and guidance to drive action and success.
- Continuous management supervision keeps that movement in motion.
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