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Intro to Management
 

Intro to Management

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    Intro to Management Intro to Management Presentation Transcript

    • BUSINESS
      • Literary means the state of being busy
      • All those activities which are related to the production and distribution of the goods and services with the objective of earning profit
    • ORGANIZATION A systematic arrangement of people to accomplish some specific purpose
    • CHARACTERISTICS OF ORGANIZATION
      • Distinct purpose(Goals)
      • People
      • Systematic structure defining limits and behavior of its members
      Distinct Purpose People Systematic structure
    • ORGANIZATIONAL LEVELS
      • Operatives: People who work directly on a job or task and have no responsibility for overseeing work of others
      • Managers:Individuals in an organization who direct the activities of others
      • First line managers:Supervisors,the lowest level of management
    • ORGANIZATIONAL LEVELS
      • Middle managers:All levels of management between supervisory and top managers
      • Top managers:Managers who are responsible for making decisions and setting the policies that affect all aspects of organization
    • ORGANIZATIONAL LEVELS TOP MANAGERS Middle Managers First Line managers Operatives
    • MANAGEMENT
      • The process of getting activities completed efficiently and effectively with and through people
      • OR
      • Getting the work done by people in effective and efficient manner
    • Efficiency
      • Relationship between inputs and outputs
      • Inputs are: money,material,people etc
      • Efficient use of resources
      • Minimizing resource cost
      • Less inputs more out= more efficient
      • Low wastage
    • Effectiveness
      • Getting activities completed
      • Goal attainment
      • It is concerned with the ends
    • Management Functions
      • Planning:Includes defining goals,establishing strategies and developing sub-plans to coordinate activities
      • Organizing:Determining what tasks are to be done,who is to do them,how it will be done
    • Management Functions
      • Leading:Includes motivating subordinates,directing others and resolving conflicts
      • Controlling: Monitoring activities to ensure that they are accomplished as planned and taking corrective actions
    • Management Functions Lead to Planning Organizing Leading controlling Achieving Organization’s Stated purpose