6 points you should know about management. Introduction about Management

•Management is the process of designing and maintaining an environment in which individuals , working together in groups , efficiently accomplish selected aims. This basic definition needs to be expanded

•As managers , people carry out the managerial functions

•Management applies to any kind of organization

•It applies to managers at all organizational levels

•The aim of all mangers is the same : to create surplus

•Managing is concerned with productivity, which implies effectiveness and efficiency

Definition of Management by Different Authors:-

Management is the process of designing and maintaining an environment in which individual working together in groups efficiently accomplish selected aims. – Weirich & Kountz

The use of People and other resources to accomplish objectives. – Boone & Kurtz

The Process by which managers create, direct, Maintain & Operate Purposive organization through systematic coordinated, corporative human effort. – Mc. Farland

Management is the multi-purpose organ that manages a business, Manages a manager and manages workers and work. – Peter Drucker

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