Management

What is the Definition of Management?

Managementcan be defined as an act that involvesthe control, supervision and leading of other persons. It also involves overseeing projects, resources and business enterprises, and in medicine, it refers to the treatment and control of a disease.

Management in all business and organizational activities is the act of coordinating the efforts of people to accomplish desired goals and objectives using available resources efficiently and effectively. Management comprises planning, organizing, staffing, leading or directing, and controlling an organization (a group of one or more people or entities) or effort for the purpose of accomplishing a goal.

Resourcing encompasses the deployment and manipulation of human resources, financial resources, technological resources, and natural resources.

Since organizations can be viewed as systems, management can also be defined as human action, including design, to facilitate the production of useful outcomes from a system. This view opens the opportunity to 'manage' oneself,a prerequisite to attempting to manage others.

Material File