Management involves getting work done through others to achieve organizational goals efficiently and effectively. It is a continuous, multidimensional process that is goal-oriented and all-pervasive in organizations. Management has key functions like planning, organizing, staffing, directing, and controlling. Its objectives include ensuring organizational survival and profitability, growth, and meeting social and personal objectives. Management is important as it helps coordinate resources to achieve group goals. The management process involves planning, organizing, staffing, directing, coordinating, reporting and budgeting. Management occurs at three levels - top, middle, and lower.
Management involves getting work done through others to achieve organizational goals efficiently and effectively. It is a continuous, multidimensional process that is goal-oriented and all-pervasive in organizations. Management has key functions like planning, organizing, staffing, directing, and controlling. Its objectives include ensuring organizational survival and profitability, growth, and meeting social and personal objectives. Management is important as it helps coordinate resources to achieve group goals. The management process involves planning, organizing, staffing, directing, coordinating, reporting and budgeting. Management occurs at three levels - top, middle, and lower.
Management involves getting work done through others to achieve organizational goals efficiently and effectively. It is a continuous, multidimensional process that is goal-oriented and all-pervasive in organizations. Management has key functions like planning, organizing, staffing, directing, and controlling. Its objectives include ensuring organizational survival and profitability, growth, and meeting social and personal objectives. Management is important as it helps coordinate resources to achieve group goals. The management process involves planning, organizing, staffing, directing, coordinating, reporting and budgeting. Management occurs at three levels - top, middle, and lower.
Management involves getting work done through others to achieve organizational goals efficiently and effectively. It is a continuous, multidimensional process that is goal-oriented and all-pervasive in organizations. Management has key functions like planning, organizing, staffing, directing, and controlling. Its objectives include ensuring organizational survival and profitability, growth, and meeting social and personal objectives. Management is important as it helps coordinate resources to achieve group goals. The management process involves planning, organizing, staffing, directing, coordinating, reporting and budgeting. Management occurs at three levels - top, middle, and lower.
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BY – MOULYA AND PURVI
Management is an art of getting things done
with and through others. Management can be defined as, the process of getting things done with the aim of achieving organizational goals effectively and efficiently.
Efficiency and Effectiveness
Efficiency (completing the work at low cost) means doing the task correctly at minimum cost through optimum utilization of resources while effectiveness (Completing the work on time) is concerned with end result means completing the task correctly within stipulated time. Although efficiency and effectiveness are different yet they are inter related. It is important for management to maintain a balance between the two. CHARACTERSTICS OF MANAGEMENT ; i) Management is a Goal Oriented Process Organisation’S existence is based on objectives and management is the process which unites the efforts of every individuals to achieve the goal. (ii) Management is All Pervasive The use of management is not restricted, it is applicable in all organisations big or small, profit or non-profit making. (iii) Management is Multidimensional it does not contain one activity. it is a complex activity including three main activities (a) Management of house (b) Management of people (c) Management of operations (iv) Management is a Continuous Process It is a never ending process. It consists of series of interrelated functions which performs continuously. (v) Management is a Group Activity Organisation is a collection of many individuals, every individual contributes towards achieving the goal. (vi) Management is an Intangible Force It cannot be seen or touched only it can be felt in the way the organisation functions. FUNCTIONS OF MANAGEMENT OBJECTIVES OF MANAGEMENT (i) Organisational Objectives (a) Survival It exists for a long time in the competition market. (b) Profit It provides a vital incentive for the continued successful operations. (c) Growth Success of an organisation is measured by growth and expansion of activities. (ii) Social Objectives Involves creation of benefit for society. (iii) Personal Objectives Objectives of employees like good salary, promotion, social recognition, healthy working conditions. IMPORTACE OF MANAGEMENT It helps in Achieving Group Goals - It arranges the factors of production, assembles and organizes the resources, integrates the resources in effective manner to achieve goals. It directs group efforts towards achievement of pre-determined goals. MANAGEMENT PROCESS LEVELS OF MANAGEMENT