Sample Problems – What is Management?

The management of organizations is a task that is as extensive as it is multifaceted. In theory and practice, it includes the steering and organizing of tasks and processes, planning and control, controlling, personnel management, and leadership, as well as the financial management of enterprises, which involves tasks like marketing or production management.

On the operative, strategic, and normative levels, there are always factual, behavioral, instrumental, and normative aspects. Relevant theoretical constructs include “classical” economic or management theories and instruments and theories from the social and behavioral sciences.

Planning Process