Learning Goal: I’m working on a business case study and need the explanation and answer to help me learn.
“MANAGEMENT” 😀
CONCEPT_ management is the process of planning, organising, staffing, directing,and controling the resorces efficiently for achiving the organisational goals.
CHARACTERISTICS :
1.Goal oriented
2.Pervasive
3.Multi-dimensional
4.Continues process
5.Dynamic functionality
NATURE OF MANAGEMENT
1. As an ART : *Existence of theorectical knowledge
*Develop through Practical and Creative process
*Personalised application and skills
2. As an PROFESSION : *Well defined body of knowledge
*Existence of code of control
*Professional associaton (AIMA)
*Restriced entry
*Fees as remuneration for their services.
3. As an SCIENCE : *Arrange, organised systematic body of knowledge
*Universal validity
*Principles arrived at after experimentation.