2. DEFINITIONS
• The organization and coordination of the activities of a business in order to
achieve defined objectives.
• Management is often included as a factor of production along with‚
machines, materials, and money. According to the management guru Peter
Drucker (1909-2005), the basic task of management includes both marketing
and innovation. Practice of modern management originates from the 16th
century study of low-efficiency and failures of certain enterprises, conducted
by the English statesman Sir Thomas More (1478-1535).
3. MANAGEMENT TO CONSIST OF SIX
FUNCTIONS
• 1. Forecasting
• 2. Planning
• 3. Organizing
• 4. Commanding
• 5. Coordinating
• 6. Controlling
4. PROFESSIONS OF MANAGEMENT
• Marketing management
• Finance management
• Production management
• Human resource management
• Mining management
• Telecommunication management
• Bank management ., etc
5. MANAGER LEVELS
• Top level manager/CEO/
• The top consists of the board of
directors (including non-executive
directors and executive directors),
president, vice-president, CEOs and
other members of the C-
levelexecutives. They are
responsible for controlling and
overseeing the entire organization
6. MANAGER LEVELS
• Middle-level managers
• Consist of general managers,
branch managers and department
managers. They are accountable to
the top management for their
department's function. They devote
more time to organizational and
directional functions.
7. MANAGER LEVEL
• First-level managers
• Consist of supervisors, section
leaders, foremen, etc. They focus on
controlling and directing. They
usually have the responsibility of
assigning employees tasks, guiding
and supervising employees on day-
to-day activities, ensuring quality
and quantity production, making
recommendations, suggestions, and
up channeling employee problems,
etc.