ManagementDone By

Maya .N.S

B.Ed Commerce

Roll.no.50

Emmanuel college

vazhical

INTRODUCTION

Management is essential for all types of organizations ,irrespective of their size, form and nature of activity . A firm manufacturing cars,a cricket team ,a temple or church , a sports club ,or a charitable organization ,all need management alike.They all have identified objectives ,they all utilize resources like machinery,material and men.

MEANING OF MANAGEMENT

Management is an art of getting things done through others.It is essentially a set of function that assist in efficient utilization of

scarce resources for the attainment of organizational goals.

DEFINITION OF MANAGEMENT

“Whatever a manager does through decision making”.

NEED AND IMPORTANCE OF MANAGEMENT

1.Optimum utilization of scarce resources.

2.Accomplishment of group goals.

3.Essential to reduce cost of product.

4.Management meets the challenges of change.

5.Help in national growth.

6.Stability.

FEATURES OF MANAGEMENT1.Management is goal oriented.

2.Management is a distinct activity.

3.It is process.

4.Management is a social process.

5.It is a system of authority.

6.Management is need at all levels.

7.Principles of management are dynamic.

8.Coordination force.

CONCLUSIONEvery organization business or otherwise has certain objectives to be accomplished.These

function essentially involve a process of planning acquiring resources and efficiently utilizing them

for the attainment of organizational objectives.This is the essence of management.