Management involves coordinating work through people to efficiently achieve goals. It is a multidisciplinary process that utilizes concepts from various fields like psychology and economics. Management objectives include proper resource use, goal achievement, growth, cost minimization, quality improvement and future planning. As a science, management principles are developed systematically based on observation and experience. As an art, management involves creative problem-solving skills. As a profession, management has a defined body of knowledge, requires training, and aims to serve social interests.