Chapter 8. Management of Business Organization

Chapter 8. Management of Business Organization. With the management of the development of human civilization, including the origin of the relationship. The management of the family and the Party-list system. With the development of civilization in all cases, spread the concept of management. The concept of management in the conduct of the business community to gain popularity. Generally speaking, the purpose of achieving a specific goal to put in the work required by the strategic management to others. In the following chapter, we will manage the business of the organization, operations, and management to find out about the different elements of Will.

Chapter 8. Management of Business Organization

Mr. Rahman has been conducted in the last 5 years, the clothing business. Clothes and all sorts of stores. Available in ready-made clothing. Many buyers who flock there every day. He conducted business. That fueled the growth of the business, he began thinking of hiring employees. Recently, he was assigned to an employee. As a result, the workload of the lily. But after a few days, shoppers employee Shops open late and the alleged abuse. Rahman heard his staff called to the attention of buyers advised to protect the reputation of the business. The servant realized his mistake. He was encouraged to work with more attention in the future.

In another way of thinking, Mary Parker Follett (1868–1933), allegedly defined management as “the art of getting things done through people”. She described management as a philosophy. [need quotation to verify]

Critics[which?], however, find this definition useful but far too narrow. The phrase “management is what managers do” occurs widely, suggesting the difficulty of defining management without circularity, the shifting nature of definitions[citation needed] and the connection of managerial practices with the existence of a managerial cadre or of a class.

One habit of thought regards management as equivalent to “business administration” and thus excludes management in places outside commerce, as for example in charities and in the public sector. More broadly, every organization must “manage” its work, people, processes, technology, etc. to maximize effectiveness.[citation needed] Nonetheless, many people refer to university departments that teach management as “business schools”. Some such institutions (such as the Harvard Business School) use that name, while others (such as the Yale School of Management) employ the broader term “management”.

English-speakers may also use the term “management” or “the management” as a collective word describing the managers of an organization, for example of a corporation.[9] Historically this use of the term often contrasted with the term “labor” – referring to those being managed.

But in the present era[when?] the concept of management is identified[by whom?] in the wide areas[which?] and its frontiers have been pushed to a broader range.[citation needed] Apart from profitable organizations even non-profitable organizations (NGOs) apply management concepts. The concept and its uses are not constrained[by whom?]. Management, on the whole, is the process of planning, organizing, coordinating, leading and controlling.

In profitable organizations, management’s primary function is the satisfaction of a range of stakeholders. This typically involves making a profit (for the shareholders), creating valued products at a reasonable cost (for customers), and providing great employment opportunities for employees. In nonprofit management, add the importance of keeping the faith of donors. In most models of management and governance, shareholders vote for the board of directors, and the board then hires senior management. Some organizations have experimented with other methods (such as employee-voting models) of selecting or reviewing managers, but this is rare.

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