Business management is what business managers do. Business managers seek to help their organizations make money. Businesses make money by delivering some value to its customers that the latter are willing to pay for.
How businesses succeed in their objective of making money has been studied by many. Numerous studies have come up with many theories on this topic. These theories have also been put into practice and the results have been monitored.
Theories and practices are still being developed to remedy problems identified while applying earlier theories, and also to adapt practices to the changing environment.
Business management is a fascinating field of study not only because it is related to making money (which most of us love) but also because it tells us so much about the world and its people.