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
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