Management

Management (or managing) is the administration of organizations, whether they are a business, a nonprofit organization, or a government body through business administration, nonprofit management, or the political science sub-field of public administration respectively. It is the science of managing the resources of businesses, governments, and other organizations. Management includes the activities of setting the strategy of an organization and coordinating the efforts of its employees or volunteers to accomplish its objectives through the application of available resources, such as financial, natural, technological, allocated authority, and human resources. "Run the business" and "Change the business" are two concepts that are used in management to differentiate between the continued delivery of goods or services and adapting of goods or services to meet the changing needs of customers - see trend. The term "management" may also refer to those people who manage an organization—managers. Some people study management at colleges and universities; major degree programs in management within the private sector include the Bachelor of Commerce (B.Com.), Bachelor of Science/Bachelor of Business Administration (BSBA/BBA.), Master of Business Administration (MBA.), Master in Management/Master of Science in Management (MiM/MSM) and, for management in the public sector, degree programs include the Bachelor of Arts (BA) or Bachelor of Science (BS) in Political Science (PoliSci) with a concentration in Public Administration, and the Master of Public Administration (MPA) degrees. Interdisciplinary degree programs such as the Master of Nonprofit Organizations (MNO) or the Master of Nonprofit Management (MNM) exist, as well as the MPA/MBA dual degree program where coursework for both the Master of Public Administration and Master of Business Administration are taken at the same time to complete the degree program in a shorter time than doing both separately.