Management - meaning and scope , Management Theories

Management - meaning and scope 

It is very difficult to accurately define management. There is no universally accepteddefinition of management. Management involves both acquisition and application ofknowledge. It does not go by rule of thumb or intuition alone even though it isconsidered to be an extension of  common sense. Hence,  management is  acombination  of both an art and a science. The scientific approach lies in decision-making, planning and in the appropriate use of technology. The artistic approach tomanagement can be found in the tasks of communicating, leadership and goal-setting.A few commonly used definitions of management are given below: 

  •  Managing is an art or process of getting things done through the efforts of other people.
  •  Managing is the art of creating and maintenance of an internal environment in an enterprise where individuals, working together in groups, can perform efficiently and effectively towards the attainment of group goals.  
  •  Management is the process of setting and achieving goals through the execution of five basic management functions (i.e. Planning, Organising, Staffing, Directing and Controlling) that utilise human, financial and material resources.
  • Management is a process or an activity that brings together several varied resources like persons, materials, techniques and technologies to accomplish a task or. tasks. 
  • Management, as a distinct field of study, is also the body of organised knowledge which underlies the art of management.

The above definitions and a study of management literature would reveal the following characteristics of management.

  •   Managing is an activity or process (not a person or group of persons);
  •  Management refers to both the discipline as the well as group which manages the    oganisation;
  •  It makes things happen (and not let things happen); 
  •  It is purposeful i.e., the achievement of the organisation's goals and objectives is the supreme  purpose;
  •  It uses available resources economically to maximise outputs;
  •  The organisation's objectives are accomplished by, with and through the efforts of others  (group activity); 
  •  Managing implies using certain skills, knowledge and practices to bring effectiveness;
  •  It is aided and not replaced by the computer; and
  •  It is intangible. 
Posted Date: 11/5/2012 12:04:57 AM | Location : United States

Related Discussions:- Management - meaning and scope , Assignment Help, Ask Question on Management - meaning and scope , Get Answer, Expert's Help, Management - meaning and scope Discussions

Write discussion on Management - meaning and scope
Your posts are moderated
Related Questions
WRITING STYLE: English (U.S.) Ethics project Introduction: 1. a.) professional conducts, ethics, and civility are growing concerns for corporate leaders in a global environment. Th

Descriptive Research: Descriptive studies as their name implies are designed to describe something for example the characteristics of users of a given product the degree to wh

Researches are now saying that efforts to simplify work tasks have negative results for both companies as well as employees. Do you agree? Why/Why not?

A talking paper to write by analysing a case study given by professor.

people have a peculiar behaviour over a product and why is it so

Suppose that two national champions are active in the similar industry but in two neighbouring countries. Initially, neither firm is active in the other country. They every face th

Explain briefly various Management Functions.  What is the basis for saying that planning is the most crucial management function?  Discuss.

Consumption Function: A function capturing the dependent  relationship  between customer spending and income, where changes in customer spending are directly proportional  to

a hospital may have hundreds or thousands of employees while a private physician’s office may have just a few employees. For the organizations below, describe which organizational