Nothing To Read Essay

2403 words - 10 pages

Grade-XII Business Organization & Office Management
01-NATURE OF MANAGEMENTConcept of Management:Management is a universal talk of every work of life. In whatever form, may be a business activity or any other activity, management will be there. In modern time as the size of business increases, new products and production techniques are developed, new business policies are made, government interference become essential. It is a process of getting results by doing things others.The word management can be explained as "Manage+Men+T", which means, manage the men tactfully to do something in good and proper way to achieve the pre-determined goals of the organization. With the help of good force of managerial person, ratio of development will increase. With the help of efficient management selection of employees for specific job, proper management of tools, machines and other equipments, institutional work can be done. It is the most important function to control & co-ordinate the efforts of different individual or group of person. It is an art of handling people. It consists of planning, organizing and controlling. It is a continuous process and art of getting things done through other people.Definition:According to Koontaz and O' Donnell, "Management is an art of getting things done through and with the people in formally organized group."According to Henry Fayol, "To manage is to forecast and to plan, to organize, to command, to co-ordinate and to control."The definitions above show that it is a continuous process of getting things done by proper use of manpower and other resources. It also helps to control, organize and co-ordinate the function of an organization.Characteristics of Management:As blood, soul & mind are important for the life, same as management is for business. Someone has written, "Management is the soul of Industrial development." The progress and prosperity of business organization is based on management. It is the brain of an organization, without management nothing can be done in the business. So, it has some characteristics which are as follows.Management is universalManagement, social processGoal orientedScience & ArtGroup EffortIntangibleRequired at all levelSeparate from ownershipPurposeful activityManagement is universal:Management is taken as universal activity whether an organization is big or small, government, hospitals, schools, colleges, etc. management is needed. Wherever there is a human activity there is management. Every step of life requires management because with the help of management each & every task can be handled easily, properly & effectively.Management, social process:Management involves dealing with the people, the effort of human beings are controlled & directed by the management. It has social obligation to make efficient use of scare material for the benefit of the society.Goal oriented:Effective management is always management by objectives and also it has no...

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