Management is a true process of designing and maintaining an environment
in which individuals, working together in a group, efficiently
accomplish selected aims.
Management applies to any type of organization. It applies to managers at all organizational level.
The aim of all managers is to make a surplus for an organization, managing is concerned with productivity which implies effectiveness with efficiency.
All Manage organizations which can be defined as a group of people working together to create a surplus, in business organizations, it is a profit and in non profit organization such as charitable organizations.
Some managers have found that the analysis of management is facilitated by a useful and true organization of knowledge. We can see it in few managerial functions.
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Management applies to any type of organization. It applies to managers at all organizational level.
The aim of all managers is to make a surplus for an organization, managing is concerned with productivity which implies effectiveness with efficiency.
All Manage organizations which can be defined as a group of people working together to create a surplus, in business organizations, it is a profit and in non profit organization such as charitable organizations.
Some managers have found that the analysis of management is facilitated by a useful and true organization of knowledge. We can see it in few managerial functions.
- Planning
- Organizing
- Staffing
- Leading
- Controlling.
This has been used for many years; even there are lots of different ways of organizing managerial knowledge.
Managers can not perform their task well
unless they have an understanding of, and are responsive to many
factors like- Social, political, technological, economical, ethical etc.
which effects their area of operation,
Managers are charged with the
responsibility of taking actions that will make it possible for
individuals to make their best contributions to group objectives.
There, no basic distinction is made
between managers, executives, administration, and supervisors. All
managers carry out managerial functions. However, the time spent for
each function may differ.
Top level managers spend more time on planning and lower level does organizing then supervisor level does leading.
The difference in time spent on controlling varies only slightly for managers at various levels.
But all of it, you can say that the aim
of managers is make a profit for an organization, and profit is really
measure of a surplus of money.
For
every business company has an important aim to increase long term value
of their common stock. In a very real sense, in every organization.
whether business or non business, the logical and publicity desirable
aim of all managers should be a surplus.
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