Management
MANAGEMENT Hey??.. we all are very likable to word management, we have heared we many a times. But greatly we lack behind in getting it proper meaning… So, don’t need to worry here we are just going to get about management only… . MANAGEMENT MAN + AGE + MENT = MANAGEMENT MAN refers to human resources AGE refers to the human being belong to the different age groups with different behaviour MENT refers to all the resources like: capital, technology, land etc. . They all together helps the organisation to achieve their goal “Management is a process or an art of getting things done others efficiently and effectively” MANAGEMENT is also said as the series of 5 functions or the combination of 5 inter related functions. However, these functions are known as the components of management. COMPONENTS OF MANAGEMENT: 1. Planning 2. Organising 3. Staffing 4. Directing 5. Controlling