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What is Management | Business Terms Presentations | MBA Concepts || SimplyInfo.net

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hat is Management? Business
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Page 1: What is Management | Business Terms Presentations | MBA Concepts || SimplyInfo.net

What is Management?Business

Page 2: What is Management | Business Terms Presentations | MBA Concepts || SimplyInfo.net

The process of dealing with or controlling things or people.

The organization and coordination of the activities of a business in order to achieve defined objectives.Management is often included as a factor of production along with machines, materials, and money.

What is Management?

Page 3: What is Management | Business Terms Presentations | MBA Concepts || SimplyInfo.net

Management consists of the interlocking functions of creating corporate policy and organizing, planning, controlling, and directing an organization's resources in order to achieve the objectives of that policy.

What is Management?

Corporate Policy Organizing Planning Controlling Directing

Page 4: What is Management | Business Terms Presentations | MBA Concepts || SimplyInfo.net

According to the management guru Peter Drucker (1909-2005), the basic task of management includes both marketing and innovation.

Practice of modern management originates from the 16th century study of low-efficiency and failures of certain enterprises, conducted by the English statesman Sir Thomas More (1478-1535).

What is Management?

Page 5: What is Management | Business Terms Presentations | MBA Concepts || SimplyInfo.net

The size of management can range from one person in a small organization to hundreds or thousands of managers in multinational companies.

What is Management?

Page 6: What is Management | Business Terms Presentations | MBA Concepts || SimplyInfo.net

Can You Memorize…

What is Management?

Page 7: What is Management | Business Terms Presentations | MBA Concepts || SimplyInfo.net

The process of dealing with or controlling things or people.

The organization and coordination of the activities of a business in order to achieve defined objectives.Management is often included as a factor of production along with machines, materials, and money.

What is Management?

Page 8: What is Management | Business Terms Presentations | MBA Concepts || SimplyInfo.net
Page 9: What is Management | Business Terms Presentations | MBA Concepts || SimplyInfo.net

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