Business Studies · Principles and Theories of Management

Consider the following statements regarding theoretical definitions of management formulated by various scholars: A. Management involves the specific functions of forecasting, planning, commanding, coordinating, and controlling as per Henri Fayol. B. Peter Drucker defines management as a process of planning, organizing, and actuating to determine and accomplish objectives. C. The concept of actuating as a core component of the management process is specifically emphasized in George R. Terry's definition. D. The primary focus of management, according to Peter Drucker, involves managing a business, managing managers, and managing worker and work. Choose the most appropriate answer from the options given below: