In other words, management is a process of getting activities different types of elements completed efficiently and effectively with through people.
Management is an individual or a group that accept responsibilities to run an organization properly. For managing all activities, they plan, organize, direct and control all things of the organization.
Management |
Management has Six M's, such as Men, Machines, Money, Materials, Methods, and Markets. In management, these resources are used for achieving the objectives of the organizations maximum profits and business expansion.
Some popular authors have provided the definition of management as...
“Management is an art of knowing what is to be done and seeing that it is done in the best possible manner."
-Father of scientific management F.W. Taylor.
“Management is to forecast, to plan, to organize, to command, to coordinate and control activities of others."
-Father of modern management Henri Fayol.
“Management is the process by which co-operative group directs actions towards common goals."Key Points:
-Joseph Massie
1. Management is the sequential process of some tasks.
2. The tasks of Management are deeply related to each other.
3. It is the taken step to achieve the specified organizational goal.
4. By management, we can ensure the maximum usage of utilities.
5. Organizational success can be achievable with the proper usage of Management.
After all the discussion, we can define management as… Management is called as such kind of process by which a manager or an organization can organize their planning, organizing, staffing, usage of utilities, directing, motivating and controlling in order to achieve specified goal or target.