This document defines management and outlines its key functions and levels. Management is the organization and coordination of business activities to achieve objectives. The basic management tasks are marketing and innovation. Modern management originated from 16th century studies of business failures. There are six core management functions: forecasting, planning, organizing, commanding, coordinating, and controlling. Some common management professions include marketing, finance, production, human resources, mining, and telecommunications management. Management levels consist of top-level managers who oversee the entire organization, middle managers who are accountable for departments, and first-level managers who direct employees and ensure tasks are completed.