Fundamentals of Management

Management is the allocation of scarce resources against an organization 's objective, the setting of priorities, the design of work and the achievement of results. Most important, it 's about controlling.

What is management? According to Kinicki Williams textbook “Management, management is defined as the pursuit of organizational goals efficiently and effectively by integrating the work of people through planning, organizing, leading, and controlling the organization resources (Ch. 1, pg. 5 Management: A practical introduction). I believe in order to be an effective manager you must be a positive, goal orient, organized individual. I also believe an effective manager is an individual that motivates their staff and leads by example. I believe all managers should follow the management process.

What is Management? This is in itself is open to debate in various cultures and practices as there are a number of different managers across all areas of life from a shift manager, upper, lower and middle management to a football club manager. To me a manager is an individual who is in charge of a certain group of tasks, or a certain subset of a company. A manager often has a staff of people who report to him or her, but can also just be held

Management is the basis of how any given organization operates and how each activity preformed is organized that makes each day possible and profitable for the overall good of the company. Power

Management is the process of leading people to achieve an objective and getting work done (Chelladurai, 1985, p.5). As stated by Chelladurai (1985) in order for the work to be done effectively, managers should know when to apply their different functions which include planning, organising, leading and controlling which Chelladurai (1985) mention as evaluating (p.5). These functions are connected and can be use concurrently as mention in Lussier & Kimball (2009, p. 11). He also stated that “...each function depends on the others” which means that if the manager did a poor planning, objectives will be unachievable even if everything is organised and lead as it

Practically speaking, management is the act of getting people together to accomplish desired goals and objectives using available resources efficiently and effectively. There are several different resource types within management, such as:

The act of directing and controlling a group of people for the purpose of coordinating and harmonizing the group towards accomplishing a goal beyond the scope of individual effort. Management encompasses the deployment and manipulation of human resources, financial resources, technological resources, and natural resources.

There are four functions of management: planning, organizing, leading and controlling. The four basic principles of management found in all businesses and corporations. Management is a process designed to achieve an organization's objectives by using its resources effectively and efficiently in a changing environment.

Definition of management: Management takes place within a structured organisational setting with prescribed roles. It is directed towards the achievement of aims and objectives through influencing the efforts of others.

Management in business is the coordination of people to accomplish set goals efficiently and effectively. It comprises of planning, organising, staffing, leading, and controlling an organisation. Management itself is also an academic discipline, a social science whose object of study is social organisation in order to accomplish a mutual goal.

Management can also refer to the person or people who perform the act(s) of management.

The definition of management is to exercise executive management, administrative, and monitoring of a group or organization.

Management can be defined as the art or act of doing things or activities through the efforts of other people to accomplish desired goals. It deals with the organising and coordination of people, activities, materials, machines and money.

Management - is one of the areas of modern economics, aimed at the creation, planning and implementation of development plan for businesses, organizations, and firms in order to maximize the potential profit of the company, creating a sustainable enterprise management system (Drucker, 1993). Management helps companies to achieve a certain goal step-by-step. In order to achieve targets companies demand managers. “A Manager is the person responsible for planning and directing the work of a group of individuals, monitoring their work, and taking corrective action when necessary” (Reh).

* Management: The system of managing with steps like Plan, Organize, Control, Lead, Staff, etc.