MANAGEMENT

MANAGEMENT

Definition:

A set of activities planning, organizing, staffing, leading and controlling to achieve the organizational goals.

or

Management is the process of designing and maintaining an environment for efficiently accomplishing selected aims.

or

Set of activities (planning, organization, leading,controlling) directed at an organization resources (finance, human, physical and information) to achieve the organizational goals in an effecient and effective manner is called management.

Efficient:
The efficient mean do work be fore the due date.

Effective:

To complete the work in time. eg. if we say someone to complete task in 10 days and he complete the task in 10 days no more or no less that person called effective person.

Manager:
A person who perform all organization activities are called manager.

Management Resoureces:

There are four basic management resources.

• Finance
• Human
• Physical
• Information

Finance:
Finance mean the assets like as Capital.

Human:
All human Activities.

Physical:
Which have physical existance. eg. material and tangible
Tantable: Which can be seen or touched.

Information:

Procedure of the work eg. hight, length information of the any building and development process etc.

MBA NOTES MANAGEMENT