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MANAGEMENT-AND-ENTREPRENEURSHIP-Unit-1-10al51-->View question

Define Management precisely Explain the characteristics and levels of management June July 20 13June July 12 Dec2013Jan2014

Management is an activity:

It is a purposeful activity:

it applies economic principles:

Management is getting things done:



Asked On2017-05-17 10:46:56 by:Nikhil-bharadwaj

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Refer this question also here
Answerd on:2015-12-02 Answerd By:neenu2

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For various levels of management refer this question here
Answerd on:2015-12-02 Answerd By:neenu2

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Management is that function of an enterprise w
hich concern itself with the direction & control of
various activities to attain the business objective
s.
Characteristics:

1)Management is an activity: Management is a process
of organized activity which is concerned
with the efficient use of resources of production.
Resources include materials, money & people
in the organization.

2)It is a purposeful activity: It is concerned with t
he achievement of an objectivity these functions
such as planning, organizing, staffing, directing &
controlling
3.
It is concerned with the efforts of a group: manage
ment is concerned with management of
people & not the direction of thugs. It inspires &
motivates works to put forts their efforts to
the maximum extent.
4.
Management is getting things done: Management is th
e art of getting things done their & with
people in formally organized groups.
5.
It applies economic principles: Management is the a
rt of applying the economic principles that
underlie the control of men & materials in the ente
rprise under consideration.
Levels of Management:
Top management
:
Head of organization. The effective implementation
of the plans & policies, the
quality of coordination ship quality of output & ov
erall success of the organization very much
dependent on the hard labor, discipline, loyalty of
the personal at this level of management.
Middle management
:
It consists of departmental divisional or sectional
heads other executive officers
attached to the different departments. Endearment T
he executives at this level are in direct touch wit
h
the workers & have to see the work is properly carr
ied out.
The effective implementation of the plans & policie
s, the quality of coordination ship quality of outp
ut
& overall success of the organization very much dep
endent on the hard labor, discipline, loyalty of th
e
personal at this level of management.

Answerd on:2015-01-16 Answerd By:Nikhil-bharadwaj

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