Effective management can transform an inefficient, underperforming organization into a profitable, sound one, but conversely. Ineffectual managers can ruin sound businesses by allowing them to stagnate, content to rely on past achievements rather than looking for new challenges. Management could be also considered as a process consisting of planning, organizing, directing and controlling performed to determine and accomplish the objectives by the use of people and resources". In other words, Management is a process-a systematic way of doing things using four managerial functions namely...