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Management: Quick Essay on Management!

Management, unlike other topics such as for instance economics, philosophy, governmental technology is of a recent beginning and therefore, a somewhat brand new topic. Being an evolving concept (George 1972), it's still in its developing phase. In terms of this is of administration can be involved, like other socio-economic terms, it has in addition been defined in a different way by various authorities.

Consequently, there is absolutely no single meaning on the term but the majority of. We would not have unified views about what management is properly. Listed below are a few of the important definitions of the term ‘management’. Mary Parker Follett views, “Management is the art of getting things done through individuals (Follett 1941).”

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Based on Henri Fayol (1949) that is considered the father of principles of administrative management, “To manage is to forecast, to prepare, to organize, to command, to co-ordinate, also to get a handle on.”

In the opinion of Fredrick Winslow Taylor (1947), “Management is knowing exactly what you would like men doing then simply because they do it into the best and cheapest means.”

Based on George R. Terry (1953), “Management is a distinct procedure comprising planning, arranging, actuating, and managing performance to find out and achieve the goals by way of people and resources.”

Peter F. Drucker opines, “Management is a multi-purpose organ that manages company, manages manager and manages employees and work (Drucker 1970).”

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Having been through the above definitions of administration, now it could be just thought as management gets things done along side other people/ subordinates. Easily put, it is an activity of various functions like preparation, arranging, leading, and controlling the company operations such a way regarding attain the objectives set by the company company. It contains all tasks starting from business about to its real survival.

Characteristics of Management:

The salient characteristics of administration that movement from above definitions are:

1. Management is a purposeful task.

2. It's getting things done through sufficient reason for other people in a desired manner.

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3. It involves with all the efforts of men and women employed in the enterprise.

4. It pertains to decision-making.

5. It's an activity comprising different functions like planning, arranging, leading, and managing.

6. Management is both technology and art. Its technology since it is promoting particular principles and laws and regulations. At precisely the same time, it is an art form additionally since it is worried about the effective use of knowledge or axioms the solutions associated with the organizational issues.

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7. It is an easy developing profession.

8. It handles decision and control of company tasks.

9. Management as an evolving concept is powerful in nature which adapts itself to changing company conditions.

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