Management - meaning and scope , Management Theories

Assignment Help:

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. 

Related Discussions:- Management - meaning and scope

Component of management according to taylor, Basic component of management ...

Basic component of management according to Taylor: a) Determination of standard of performance: In this he conducted Time and motion studies, Method study and

#title.care for elderly, identify the irritants disappointments and annoyan...

identify the irritants disappointments and annoyances of the elderly when it comes to health care when they needed them

Strategic management, What are the characteristics of protect position, bui...

What are the characteristics of protect position, build selectively and invest to build strategies in GE Metrix?

Macville case 2, #quCase study 2 You have been requested by your manager t...

#quCase study 2 You have been requested by your manager to develop a strategic presentation for use in recruiting potential staff and interns to your organisation estion..

Reward, Hi, I wondered if you help with UK students?

Hi, I wondered if you help with UK students?

Management skills, Management Skills : In several ways, the skills that man...

Management Skills : In several ways, the skills that managers hold in the organization are the majorly treasured possessions of the organization. Poor managerial skills can beat th

Effective online marketing strategy, Question 1: Discuss the applicatio...

Question 1: Discuss the application of the marketing mix concept to an effective online marketing strategy. Question 2: Good web content management and good internet ad

Case study methods - type of qualitative method, Case Study  Methods ( In ...

Case Study  Methods ( In Depth Interview): In  relatively  less known  areas where  there is little  experience and theory  available  to serve  as a guide  intensive study of

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd