Management involves planning, organizing, leading, and controlling organizational resources to efficiently and effectively achieve goals. It is defined as a set of activities including planning, decision making, organizing, leading, and controlling directed at an organization's human, financial, physical, and information resources. Basic managerial activities are planning and decision making, organizing, leading, and controlling. The purpose of management is to ensure an organization's goals are achieved efficiently without waste and effectively by doing things successfully.
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Principal of mangment p 1
1. Management
BCS 2nd
Qurtuba University of Science & Information Technology
Lecture Prepared by:- Anwaar Hassan
Email:- Anwaar.hassan20@gmail.com
Cell# -03349133590
Chapter 1
An Introduction
to Management
e
2. Learning Objectives
After studying this chapter, you should be able to:
1. Understanding management & the Managers Job
2. Understanding organization, efficient & efficient
3. Understanding THE MANAGEMENT PROCESS
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3. Preview of Chapter 1
Management
Definition
Management Science or Arts
Levels of Management
Function of management
Managerial skills
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5. Meaning of Management :-
A set of activities including
planning and
decision making,
organizing,
leading, and
Controlling,
directed at an organizations resources (human, financial, physical, and
information),
with the aim of achieving organizational goals in an efficient and effective
manner
5LO 1
7. Management as an Element:-
Management is an important element in every organization.
It is the element that coordinates currents
organizational activities and
Plans for the future.
It adapts the organization to its environment
And shapes the organization to make it more suitable to the
organization
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8. Management Definition:-
According to
F.W.Taylor
Management is an art (Skill) of knowing what you want
to do and then seeing that it is done in the best and cheapest way.
OR
George R. Terry
Management as a process consisting of
planning, organizing, actuating and controlling, performed to
determine and accomplish the objective by the use of
people and resources.
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9. Continued
In the definition,
Planning :- means Plan in advance.
Organizing:- means coordination between human resources and
material resources.
Actuating :- means motivation and giving direction to subordinate.
Controlling :- means to ensure about implementation of plan without
deviation .
Therefore, this definition tells that management is an act of achieving
the organization objectives.
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10. Basic managerial activities:-
Basic managerial activities include,
planning and decision making, organizing, leading, and
controlling
Managers engage in these activities to combine human,
financial, physical, and information resources efficiently and
effectively
and work toward achievement of the goals of the organization.
10LO 1
11. The Basic Purpose of Management
Is to ensure that an organizations goals are achieved in an
efficient and effective manner
Efficient:-
we mean,
Using resources wisely and without unnecessary waste
& produces
High-quality products at relatively low costs is efficient.
Effective:-
we mean,
Doing things successfully
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