tesorio 5 v2

• William Spriegal


  Management is The function of the enterprise which concerns itself with direction and control of the various activities to attain business objectives
• Mc Farland


  Management is defined for conceptual, theoretical and analytical purposes as the process by which managers create, direct, maintain, and operate purposive organization through systematic, coordinated, cooperative human effort
• Terry Management is not people, it is an activity like walking, reading, swimming or running
• Management has evolved as a field of study with support of a variety of other disciplines, including engineering, anthropology, sociology, and psychology
• Management is applicable to everyone
• Planning

  The most basic and ubiquitous management function
• Organizing

  • Identifying the activities required to meet corporate objectives and carry out plans
  • Grouping those activities into jobs
  • Assigning these jobs and activities to departments and individuals
  • Delegating responsibility and authority for performance
  • Providing support for activity synchronization on both a vertical and horizontal level
• Staffing

  A vital management function
• Directing

  The process of motivating people to do their best work and contribute their full potential to the attainment or corporate objectives
• Coordinating

  The process of establishing relationships between various sectors of an organization so that they all pull in the same direction
• Controlling

  Ensures that divisional, departmental, sectional, and individual results are in the line woth predetermined goals and objectives
• Levels of management

  • Top management
  • Middle management
  • Lower management
• Top management

  • The ultimate source of authority
  • Sets the company's goals, rules, and plans
• Middle management

  • Consist of functional departments heads such as the purchasing manager, production manager, marketing manager, financial controller, and divisional and sectional officers
  • Responsible for putting top management policies and plans into action
• Lower management

  • Made up of superintendent, foremen, and supervisors
  • Responsible for real operations
  • At the bottom of the management structure
• Economic Resource


  Management is one of the components of production, along with land, labor, and capital
• Purposeful


  Management is a goal-oriented activity, it must be purposeful
• Separate Process


  • Planning, organizing, staffing, directing, and managing are all separate processes in management
  • These functions are so intertwined that it's impossible to pinpoint the order in which they occur or their relative importance
• Integrative Force


  The essence of management is the integration of human and non-human resources in order to accomplish the desired outcomes
• Authority System


  • A command and control system hierarchy is represented by management as a group of managers
  • Managers have diverse degrees of authority at various levels
  • The degree of authority rapidly decreases as we proceed down the managerial structure
• Management as a field of study


  • Evolved with the support of a variety of other disciplines, including engineering, anthropology, sociology, and psychology
  • The combination of these disciplines has resulted in a large amount of management literature
• Universal Applicability

  Management principles and approaches can be used in a variety of settings, including business, education, the military, government, and hospitals
• Henri Fayol proposed that management concepts would apply in almost every situation