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
Frederick.W.Taylor rested his philosophy on four basic principles.  1] The development of a true science of management, so that explained. The best method for performing each t

the role of an operations manager in an Hospital

5. Where in a prokaryotic cell does replication of the DNA occur? _________________ 6. Where in a eukaryotic cell does replication of the DNA occur? ___________________ 7. Where

Q. What are the principles of preventive control? 1) Managers performance as well undergoes evaluation 2) Professional managers commit minimum errors and 3) Management fundamen

INTRODUCTION  You have learnt about scientific  management of libraries in Unit I. One of the managerial  functions, viz., organising, involves analysing, combining and coordi


Can u do a case study on Supply Chain Strategy subject ?

how to develop an assignment on supply chain with respect to strategic management? which area should be focused?

Under uncertainty, the risk averter  decision criterion is a. LaPlace. b. Maxi-max. c. Expected value. d. Maxi-min.

can you be in a position to assist me with PHD in management assignment