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MANAGEMENT PROCESS

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  WHAT IS MANAGEMENT PROCESS The process of organizing and directing a company's or other organization's operations is called management. Project management, which entails applying information, skills, tools, and procedures to a particular project in order to satisfy its needs and objectives, is a crucial component of the management process. In this context, a project is defined as a brief, one-of-a-kind undertaking carried out to provide a particular good, service, or outcome. Processes used in product management include: 1 .Planning is the process of figuring out what has to be done, when, who will do it, and how much it will cost. Planning also entails creating plans for reaching objectives that satisfy stakeholders' needs (e.g., customers). 2. Organizing: In order for people to collaborate well, organizing entails putting them in teams based on their expertise. Organizing guarantees that workers have access to the appropriate resources at the appropriate time.  Key E...