Meaning of Management: - Management is a universal phenomenon. It is a very popular and widely used term. All organizations - business, political, cultural or social are involved in management because it is the management which helps and directs the various efforts towards a definite purpose. Management is an essential part of any goal oriented activity. Every organization requires planning of activities, organization of resources, establishment of communication system, leading & motivation of people, & Control of operations for the realization of its goal or objectives.
Management is the art, or science, of achieving goals through people. Since managers also supervise, management can be interpreted to mean literally “looking over” – i.e., making sure people do what they are supposed to do.
Managers are, therefore, expected to ensure greater productivity or, using the current jargon, ‘continuous improvement’.
Management is the process of designing and maintaining an environment in which individuals, working together in groups, efficiently accomplish selected aims.
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Last edited by Sakshi Dutta; 28th June 2011 at 07:04 AM.
Reason: Post Reformatted!