Management includes activities of setting the strategy of an organization and coordinating the efforts of its employers or of volunteers accomplish its objectives through the application of available resources such as financial, natural, technological and human resource. Run the business and train the business are the two concepts that are used in management to differentiate between the continuous delivery of goods or services and adapting of goods or services to meet the changing need of customers. Seed friend. The term management may also refer to those people who manage our organization. Managers