Business study is a field of study that provides knowledge about areas such as accounting, economics, finance, marketing and organisational behavior etc. On the other hand Management studies looks at all the above areas and several other areas in a broader perspective. It deals with all the activities related to planning, organizing, leading, control, directing, resourcing etc. It gives information and expertise on how to run an organization by setting objectives, allocating different resources, measuring effectiveness of objectives achieved in relation to the objectives set before.
