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Business Management refers to the systematic coordination and organization of various resources, including financial, human, technological, and natural resources, to effectively achieve an organization's goals and objectives. It involves planning, organizing, directing, controlling, and decision-making in a business context. Business management encompasses several sub-disciplines such as accounting, finance, marketing, operations management, human resource management, business law, and ethics. In the context of the terms provided, Business Management includes understanding and applying legal principles that affect businesses, such as Business Law and Tort Law. Business Law deals with the legal framework within which businesses operate, including contracts, employment, property, intellectual property, taxation, and bankruptcy laws. On the other hand, Tort Law is concerned with civil wrongs committed against individuals or their property, which can result in legal liability for businesses. Effective business management requires a solid understanding of these legal concepts to minimize legal risks, ensure compliance with applicable laws, regulations, and ethical standards, and protect the organization's assets and reputation. Therefore, Business Management is an essential category that encompasses various aspects of running a successful and sustainable business.