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Business management encompasses the strategic planning, organizing, directing, and controlling of business operations in various sectors such as education, retail, and general business administration. It involves the application of management principles and theories to achieve organizational goals and objectives. In the context of business education, it prepares individuals for careers in management by providing them with the necessary knowledge and skills to effectively manage and lead organizations. Retail management specifically focuses on the operations and strategies of retail businesses, including store layout, inventory management, customer service, and marketing. Overall, business management is a broad category that covers various aspects of running and managing a business, with a focus on achieving success through effective leadership and decision-making.