TOPIC :- MANAGEMENT

SUBMITED BY :- AKSHAT JAIN

 MANAGEMENT
 Management is the process of getting work done
from other effectively as well as efficiently by
involving function of management to achieve
organisational goals.

 According to George R. Terry

 Management is a distinct process

consisting of planning, organising,
actuating and controlling; utilising
in each both science and arts, and
followed in order to accomplish
pre-determine objective.
• Management is a goal oriented process.
• Management is all pervasive .
• Management is multidimensional.
•Management is continuous process.
•Management is a group activity.
•Management is a dynamic function.
•Management is an intangible force .
❑1. Organizational Objectives .

❑2. Social Objectives.

❑3.Personal or Individual
Objectives.
Management is responsible for achieving
organisational objectives. These may include the
following :-
1. Survival – Revenue should cover costs if an
organisation want to survive.
2. Profit – A decent gap between revenue and cost
indicates good profit. Profit decreases business
risk.
3. Growth – Growth is achieved when the number of
branches and employees increases.
Organisation being a part of society has
certain obligations towards it. Social
objectives may include:-
1. Conservation of environment and natural
resources.
2. Creating employment opportunities.
3. Providing technological solution to
society.
Personal Objective include :-

1. Fulfilment of financial requirement of the

employees.

2. Fulfilment of social requirement of the

employees.

3. Fulfilment of learning needs like training and

self development.
1. Helps in achieving group goals.

2. Increases efficiency.

3. Management creates a dynamic organisation.

4. Helps in achieving personal objective.

5. Helps in development of society.

1. Planning
2. Organising
3. Staffing
4. Directing
5. Controlling
Planning is deciding in advance
what is to be done. It is the
primary function performed by
every manager and is the base of
all other functions.
Mr. Brown owns a Fashion Store in Half-
Way –Tree. He has to install a security
system and also wind resistance
windows. He also as to prepare a head
of the market for the expected trends.
Mr. Brown prepares for future events.
Organising is the process of
starting the implementation of
plans. The job positions are clearly
specified . Working relationships
are clarified.
After Mr. Brown has to plan to
meet the goals of his establishment
he decide put together all the
records of purchase and sales in a
special folder .
Staffing is a managerial function
of hiring and developing the
required number of employees to
fill in various positions in the
organisation.
Mr. Brown decides to hire a
sales representation. He also
decided to train some of
existing employees with the
required business ethics.
It involves leading, influencing and motivating
influencing and motivating employees to perform the
task assign them.
Following are the key elements of directing :-
1. Supervision
2. Motivation
3. Leadership
4. Communication
Mr. Brown assign tasks to the
customer service attendant
ensure all goals are met and
consumers are satisfied.
Controlling is monitoring what is
being accomplished by evaluating
the performance and if needed,
applying corrective measures so
that the performance takes place
according to Plan .
Mr. Brown decides what is to
have a 20% sale on items in
store for 3 weeks.
1. Management as an Art
2. Management as a Science
3. Management as a
Profession
Management can be considered as an art
because:-
1. A successful manager practices the art of
management based on his study,
observation and experience.
2. There are several theories of management
that have been evolved by many management
thinkers which are the basis of certain
universal principles.
3. Different managers have different styles
of getting things done through others.
Management can be considered as a science
because:-
1. Management like Science has its own theories
and principles are based on cause and effect.
2. Management have been developed on the basis
of scientific observation and experiment in
different types of organisation.
3. The principles of management are not exact as
the principles of pure science and there
application and use is not universal.
Management can be considered as a Profession because :-

1. Management like profession has a systematic body of

knowledge having well-defined principles which are
based on a variety of business situation.
2. Anyone can be a manager irrespective of his academic
qualification.
3. There are various association practising managers in
the country like AIMA (All India Management
Association).
 The term ‘LEVELS OF MANAGEMENT’ refers to a
line of demarcation between different managerial
position in the organisation .They emerge due to
authority responsibility relationship that links
superiors and subordinate within the organisation
. Followings are the three levels of management
1. Top level
2. Middle level
3. Supervisory levels
Designations :- Chairman, Chief Executive Officer (CEO),Chief
Operating Officer (COD), President and
Vice President.
Functions:- 1. Deciding overall organisational goals .
2. Making polices and strategies .
3.Welfare and survival of the organisation.
4.Coordinating the activities of different from a level
above
Designation:- Operation manager, Plant superintendent ,
Departmental managers, etc.
Functions :-1.Interpreting policies framed by top
management.
2. Ensuring optimum number of personnel in the
department.
3. Assigning duties and responsibility to the subordinate
in the department.
4. Coordinating with other department heads at the
same level.
Designations :- Foremen Supervisors, Section
Officers,etc.
Functions :- 1. Giving instruction to the workforce.
2. Giving feedback to the workforce.
3. Providing on – the – job training to the
workers.
4. Acting as a link between workers and
management.
Importance of management in business :-
1. Accomplishment of organization goals.
2. To run large scale industries smoothly.
3. Proper running of business
organization.
4. Designing of good organizational
structure.
5. Creation of proper organization
climate.
6. Creating and maintaining coordinating.
Management is about getting things done . Leadership
is about achieving goals by creating a direction for a
business and inspiring employees to take initiatives and
make the right decision.

Enterprise managers need the skills to

motivate , lead and influence others. Enterprise aims
to employ people who can take on a leadership role
and help to grow the business for the longer terms.
THANK YOU