HSC Business Organization & Management 2nd Paper 1st chapter Note Concept of Management

HSC Business Organization & Management 2nd Paper 1st chapter Note Concept of Management. Management means many things to many people. To a layman, the management means an impressive person occupying an air-conditioned chamber with an overstaked table and cushioned chair. Some people suggest management as commanding other. To many others, management is nothing more than clerical work and putting fancy signatures. But truly management is the process of planning, organizing, staffing, directing, coordinating and controlling the activities of business enterprises.

HSC Business Organization & Management 2nd Paper 1st chapter Note Concept of Management

HSC Business Organization & Management 2nd Paper 1st chapter Note Concept of Management

HSC Business Organization & Management 2nd Paper 1st chapter Note Concept of Management

HSC Business Organization & Management 2nd Paper 1st chapter Note Concept of Management

As there is no universally accepted definition of management, it is difficult to define it. But a simple traditional definition defines it as the “art of getting things done by others”. This definition brings in two elements namely accomplishment of objectives, and direction of group activities towards the goal. The weaknesses of this definition are that firstly it uses the word “art”, whereas management is not merely an art, but it is both art and science. Secondly, the definition does not state the various functions of a manager clearly.

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HSC Business Organization & Management 2nd Paper 1st chapter Note Concept of Management