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The concept of management may be signified as the process of planning, organizing, leading and controlling the work of organization members and using the available organizational resources for attaining a specific goals.

On the other hand, management theory may be regarded as a collection of ideas which set forth general rules for managing a business or organization. It mainly addresses how managers and supervisors relate to their organizations in the knowledge of its goals and the implementation of effective means for the accomplishment of the desired goals.

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