Thursday, 5 January 2017

Management Definition

Management Definition:
The process of designing and maintaining an environment in which individuals, working together in groups, efficiently accomplish selected aims.

Also :
·         Managerial functions of planning, organizing, staffing, leading and controlling
·         Any kind of organization
·         All organizational levels
·         Productivity in terms of effectiveness and efficiency

Organisation
It is defined as group of people working to produce surplus.

Functions of Management:
·         Planning
·         Organising
·         Staffing
·         Leading
·         Controlling

External elements that affect operations of management
·         Economic
·         Technological
·         Social
·         Ecological
·         Political
·         Ethical

Various Definitions of Management:
Management is a wide term. It is described as an “activity”, a “process”, and a “group of people” vested with the authority to make decisions.
According to Mary Parker Follett, management is the “art of getting things done through people.”
According to George R.Terry,management as a process”consist of planning, organising, actuating and controlling, performed to determine and accomplish the objectives by the use of people and resources”.
According to Louis Allen,”Management is what a manager does”.
According to Henry Fayol,”to manage is to forecast and plan, to organise, to command, to coordinate, and to control”.
According to James D.Mooney and Allan C.Reiley,”management is the art of directing and inspiring people”.
According to Harold Koontz, “Management is an art of getting things done through and with the people in formally organized groups. It is an art of creating an environment in which people can perform and individuals and can co-operate towards attainment of group goals”. Management is the  process of reaching organizational goals by working with and through people and other organizational resources.

Best Mitre Saw

  Best Mitre Saw Precisely cut wood is the reason behind the elegance of any wooden work piece. Mitres and cross cuttings in the long haul...