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Introduction to Management - Functions, Levels, and History

   

Added on  2021-05-29

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Introduction to Management343389|BSCS10-CASSIGNMENT1MUHAMMADABDULLAHANWAR
Introduction to Management - Functions, Levels, and History_2

WHAT IS MANAGEMENT?Management is theprocess of coordination, controlling & administering the affairs of theorganization, irrespective of its nature, type, structure, and size. It is act of creating and maintaining such environmentwhere members of the organization can work together and achieve objectives efficiently and effectively. All the activities and tasks undertaken for archiving goals by continuous activities like;planning, organizing, leading and controlling is management. Management acts as a guide to a group of people working in the organization and coordinating their efforts, towards the attainment of the common objective.FUNCTIONS OF MANAGEMENT:1-Planning:It is the first function of management, i.e., to decide beforehand what is to be done in future. It encompasses formulating policies,establishing targets, scheduling actions and so forth.2-Organizing:Once the plans are formulated, the next step is to organize the activities and resources, as in identifying the tasks, classifying them, assigning duties to subordinates and allocating the resources.3-Staffing:It involves hiring personnel for carrying out various activities of the organization. It is to ensure that the right person is appointed to the right job.4-Directing:It is the task of the manager to guide, supervise, lead, and motivate the subordinates, to ensure that they work in the right direction, so far as the objectives of the organization are concerned.
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