BUSINESS MANAGEMENT

My aim in writing Business Management textbook for undergraduate-level business courses was to make the fundamentals of business management understandable and relevant. This book attempts to deconstruct the multifaceted and holistic areas of business studies. The current work is intended primarily as a standard and comprehensive textbook for Graduate Students. The book can also be used in other management courses at Indian and foreign universities. I consulted numerous standard reference books and journals, as well as the books recommended by a number of authors.

Business management entails supervising, organising, and coordinating business resources and operations in order to achieve specific goals. A business manager is responsible for a wide range of responsibilities and daily tasks that must be completed to ensure the overall health of the company and its projects, cash flow, and team members. This chapter covers the entire introduction to business management.

I explain the role of organisations in combining human, physical, and financial resources to create a product for students here. Understand the major business functions, including human resources, finance and accounting, marketing, and operations. Explain the nature of primary, secondary, tertiary, and quaternary business activity. Investigate the role of entrepreneurship and intrapreneurship in business. Determine the reasons for starting a business, the typical steps involved, and the potential problems that a new business may face. Examine the components of a business plan.