Management
From Open Risk Manual
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Definition
Management is both the administration of an organization and the personel performing that function. The term applies to different types of organizations, businesses of various types and sizes,, non-profit organizations, or public sector / government bodies.
Activities
Management activities include:
- articulating the values of an organization
- setting the strategy of an organization and defining its strategic objectives
- coordinating the efforts of employees, volunteers or other participating entities towards achieving the objectives
- allocate available resources, such as financial, natural, technological, and human resources
