management

May 11th, 2015
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1. What is Management? Management in all business and organizational activities is the act of coordinating the efforts of people to accomplish desired goals and objectives using available resources efficiently and effectively. Management comprises planning, organizing, staffing, leading or directing, andcontrolling an organization (a group of one or more people or entities) or effort for the purpose of accomplishing a goal.

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mine1. What is Management? Managementin allbusinessand organizational activities is the act of coordinating the efforts of people to accomplish desired goals and objectivesusing available resources efficiently and effectively. Management comprisesplanning,organizing,staffing,leadingor directing, andcontrollinganorganization(a group of one or more people or entities) or effort for the purpose of accomplishing a goal.Resourcingencompasses the deployment and manipulation ofhuman resources,financialresources,technologicalresources, andnatural resources. Since organizations can be viewed assystems, management can also be defined as human action, including design, to facilitate the production of useful outcomes from a system. This view opens the opportunity to 'manage' oneself, a prerequisite to attempting to manage others.Management is often included as a factor ofproductionalong withmachines,materials, andmoney. According to the management guruPeter Drucker(1909-2005), the basictaskof management includes bothmarketingandinnovation.Practiceof modern management originates from the 16th centurystudyof l

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