English

Answer the following. What is management? - Organisation of Commerce and Management

Advertisements
Advertisements

Question

Answer the following.

What is management?

Answer in Brief

Solution

Meaning: The word management is derived from the Latin word ‘Manus’ which means ‘hands’. It means management is handling some activity. Many thinkers said that management means a fine consideration of co-ordinating and controlling the work either from direct individual or from a group.

Definitions:

Some definitions of management given by different management thinkers as follows:

Mary Parker Follet- “Management is an art of getting things done through others”.

Henry Fayol-“To manage is to forecast, to plan, to organize, to command, to co-ordinate and to control”.

Fredrick Winslow Taylor- “Management is knowing exactly what is to be done and seeing that it is done in the best possible manner.”

shaalaa.com
Introduction to Management
  Is there an error in this question or solution?
Chapter 8: Introduction to Management - Exercise Q.8 [Page 167]

APPEARS IN

Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×