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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