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Megginson, Mosley and Pietri define management as â€˜working with human, monetary and physical resources to achieve organizational objectives by performing the planning, organizing, leading and controlling functions â€˜. First-line managers are the lowest level of management and manage the work of nonmanagerial individuals who’re directly involved with the production or creation of the organization’s merchandise.
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Human Social Capital focuses on work and employment, the policies and practices associated with the management of staff, why and the way they evolve over time, and what they imply for organizational performance, particular person outcomes, and social affect.