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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
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
2
Preview of Chapter 1
Management
 Definition
 Management  Science or Arts
 Levels of Management
 Function of management
 Managerial skills
3
Learning Objective 1
4LO 1
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
Allocating costs of long-lived assets:
 Fixed assets = Depreciation expense
 Intangibles = Amortization expense
 Natural resources = Depletion expense
6LO 1
Management in Organizations
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
7LO 1
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.
8LO 1
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.
9LO 1
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
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
11

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  • 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 2
  • 3. Preview of Chapter 1 Management Definition Management Science or Arts Levels of Management Function of management Managerial skills 3
  • 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
  • 6. Allocating costs of long-lived assets: Fixed assets = Depreciation expense Intangibles = Amortization expense Natural resources = Depletion expense 6LO 1 Management in Organizations
  • 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 7LO 1
  • 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. 8LO 1
  • 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. 9LO 1
  • 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 11