Chapter1: NATURE AND PROCESS OF MANAGEMENT
*Definition And Meaning of Management:-
The terms management is used in different senses. Generally the term management is used to refer to
the process of managing the activities of an enterprise. In short, it is used to refer to a process, function
or activity.
The term “management” is also used to refer to a discipline, a field of learning or a branch of
knowledge (the principle and practice of management).
Though the term ‘management ‘ is used in different senses, referred to above, strictly speaking, it is a
functional concept. It refers to the process of management and not to the managerial personal or the
subject of management. As a functional concept, it can be called “ Management process ‘ “Management
function “ or “ management activity “.
*Functional concept of Management:- The functional concept of Management, I e, the management
process or management function, has been defined by different management function, has been
defined by different management experts in different ways they are:-
1. Management is What management does:-
According to many management experts ,management is what management does .that is, for
management is the sum total of all those functions concerned with the working of an enterprise.
Management is concerned with the various managerial functions ,such as planning, organizing,
staffing, directing, communicating, co-ordinating and controlling.
2.Management is a process for the utilisation Of minimum input for the production of maximum
output:-
According to John.F.Mee “Management is the art of securing maximum results with a minimum of
effort so as to secure maximum getting prosperity and happiness for both employer and employee and
give the done public the best possible service “.
The above definitions emphasis the fact that management is a process through which all the resources
are organised and utilised lead to attain maximum output with minimum input.
3.Management Is the art of:-
According to many management experts, management is the art of getting things done through
people.
In the words of prof, Harold Koontz,” Management is the getting things done through and with
people informally organised groups”.
In this concept it is getting things done through other bye satisfying their needs and providing them
opportunities for growth and advancement.
4. Management is the function of executive leadership:-
