Monday, June 11, 2012

Management: Nature and Purpose

- is an act of handling, directing or exercising control and supervision on the functions of the organization. It's the process of designing and maintaining an environment wherein people work together as a team to reach a specific goal and objective. Basically the purpose of management as a field of study is to achieve certain specific objectives that ultimately will improve the ability of an organization in its effectiveness and efficiency. According to management scholars and practitioners it is
  • a distinct process consisting of planning, organizing, actuating and controlling performed to determine and accomplish the objectives by the use of people and resources. (Terry 1982)
  • a process of designing and maintaining an environment where in individuals working together as a group effectively and efficiently accomplish the team's goals. (Weihrich 1993)
  • a unifying and coordinating activity which combines the actions of individuals into meaningful and purposeful group endeavor. (Mahony 1961)
  • a process in which a cooperative group directs action toward common goals (Massie 1964)
  • a discipline and a field of study that denotes a social position and authority involving people and their functions (Drucker)
  • to accomplish desired objectives by establishing an environment favorable to performance by people operating in organized groups (Koontz)
Management as a field of study it observe the society and the people that comprise it but as a body of knowledge it is pool of realities of human relationships, interactions and transactions.

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