UNIT I - Overview of Management
UNIT I - Overview of Management
UNIT I - Overview of Management
1. What is Management?
Management is the process of giving direction and controlling the various
activities of the people to achieve the objectives of an organisation.
2. Define Management.
According to knootz & Weihrich “management is the process of designing and
maintaining of an environment in which individuals working together in groups efficiently
accomplished selected aims”.
www.BrainKart.com
Click Here for Principles of Management full study material.
8) Centralisation
9) Scalar chain
10) Order
11) Equality.
12) Stability
13) Initiative
14) Esprit de corps
www.BrainKart.com
Click Here for Principles of Management full study material.
www.BrainKart.com
Click Here for Principles of Management full study material.
UNIT II - PLANNING
1. What is planning?
Planning is the process of selecting the objectives and determining the course of
action required achieving these objectives.
PLANS
objectives Budgets
strategies Schedules
policies Methods
procedures Projects
Rules
www.BrainKart.com
Click Here for Principles of Management full study material.
5. Define mission
Mission may be defined as a statement which defines the role that an organisation
plays in the society.
7. Define objectives.
The terms objectives or goals are often used interchangeably.
Objectives are the end results towards which the activities of firm are aimed or
directed.
9. Define policies.
Policies are general statement or understandings, which provide guidance in
decision making to various managers.
www.BrainKart.com
Click Here for Principles of Management full study material.
IDENTIFICATION OF OPPORTUNITIES
ESTABLISHMENT OF OBJECTIVES
IDENTIFICATION OF ALTERNATIVES
EVALUATION OF ALTERNATIVES
SELECTING AN ALTERNATIVES
ESTABLISHING SEQUENCE OF
ACTIVITIES
Advantages
Help in achieving objectives;
Better utilisation of resources;
Economy in operation;
Improves competitive strength
Limitations.
www.BrainKart.com
Click Here for Principles of Management full study material.
www.BrainKart.com
Click Here for Principles of Management full study material.
Decision –making is defined as the process of choosing a course of action from among
alternatives to achieve a desired goal. It is one of the functions of management and also a core
process of planning.
www.BrainKart.com
Click Here for Principles of Management full study material.
1. Define organizing.
Organising is the process of identifying and grouping of activities required to
attain the objectives, delegating authority, creating responsibility and establishing
relationships for the people to work effectively.
www.BrainKart.com
Click Here for Principles of Management full study material.
8. Define authority.
Authority is the right to give orders and the power to exact obedience.
13. What are the steps to be followed in making staff works effective?
Understanding authority relationship
Making line listen to staff
Keeping staff informed
Requiring completed staff work
Making staff work a way of organisational life
www.BrainKart.com
Click Here for Principles of Management full study material.
www.BrainKart.com
Click Here for Principles of Management full study material.
UNIT IV - DIRECTING
7. Who is leader?
Leader is one who makes his subordinates to do willingly what he wants.
8. Define leadership.
Leadership is the process of influencing the behaviour of others towards the
accomplishment of goals in a given situation.
www.BrainKart.com
Click Here for Principles of Management full study material.
9. What is communication?
Communication is passing of information from one person to another person.
www.BrainKart.com
Click Here for Principles of Management full study material.
www.BrainKart.com
Click Here for Principles of Management full study material.
UNIT V - CONTROLLING
1. Define control.
According to Koontz “Controlling to the measurement and correction of
performance in order to make sure that enterprise objectives and the plans devised to attain
them are accomplished”.
www.BrainKart.com
Click Here for Principles of Management full study material.
www.BrainKart.com
Click Here for Principles of Management full study material.
www.BrainKart.com