Management is the integrating force in all organised
activity whenever two or more work together to attain a
common objective they have to co-ordinate their
activities they also have to organise and utilise their
resources in such way as to optimise the results not only in
business enterprises where costs and revenues can be
ascertained accurately and objectively but also in service
and organisations such as government,schools,clubs etc
DEFINITION OF MANAGEMENT
It is about to forecast, to plan, to
organise, to co-ordinate, to
command and to control.
Management is the force which
leads,guides and direct an
organisation in a pre-determined
MANAGEMENT AS AN ART..
Innovative- (new ideas and no copy)
Individual approach- (style of managing)
Application and dedication-
(knowledge and intelligence)
Intelligent- (mental ability)
MANAGEMENT AS AN SCIENCE..
Systematic decision – making
Output may vary, the input being the same
Principles of management are universally
Process of management are universally
ART VS SCIENCE..
Y AND IMAGINATION.
• IT IS ASSOCIATEDTO DO A
• LOGIC,REASON AND
• IT ISTHE PROVENTHING
OF ART ISTHAT (WHY)
Management is considered as an art due to
the resources it own like finance, human
resource and marketing etc this is called as
science How you utilize these resources.
Learning of science includes principles where
as learning of art involves its continous