Sunday, February 5, 2017

Management





What is Management?

  • It is a process of working with or through others to effectively achieve goals of the organization by efficiently using limited resources. It helps and directs various efforts towards a definite purpose.
  • It is the same, even if we correlate it with a specific location. The same principle is applied, even in laboratories.
  • It is a purposive activity

"Management as Arts/Science"
>Art- results in accomplishment by using human resources, requires SKILLS and careful study of application
>Science- because it is a systematic body of knowledge
FUSING THEM TOGETHER: Arts&Science
-unified coordinated rule of all essential factors that makes up an organization.

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