Management involves directing and coordinating resources to achieve organizational goals efficiently. The five core functions of management are planning, organizing, staffing, leading, and controlling. Management ensures continuity and growth in an organization by effectively utilizing resources like human resources, capital, and equipment. Management aims for both efficiency in operations and effectiveness in goal achievement.

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2. M_N_G_M_NT

3. ABM_AOM11-Ia-b-1
*Definition and
Functions of
Management

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*From old French word, menagement, which
means “the art of conducting, directing”
*From Latin word, manu agere, which means
“to lead by the hand”

5. *
*the activity of getting things done with the aid
of people and other resources
*Effective utilization and coordination of
resources such as capital, equipment, and
labor to achieve defined objectives with
maximum efficiency

6. *

7. *
*Accomplishment of group goals
*Effective functioning
*Directs organization
*Meets the challenge of change
*Optimum utilization of resources

8. *
*a process of ensuring
continuity and growth
within an organization

9. *
The five (5)
functions
of
management

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*setting goals, establishing
strategies and developing
plans to coordinate
activities.

11. *
*determining what needs to
be done, how it will be done
and who is to do it.

12. *
*the function of manning the
organization structure and
keeping it manned.

13. *
*motivating, leading,
encouraging and to be
involved in dealing with
people.

14. *
*monitoring activities to
ensure that they are
accomplished as planned.

15. Planning
Organizing
Directing
Staffing
Controlling

17. *
*Human Resources
*Capital or Money
*Equipment

18. *
*Planning
*Organizing
*Staffing
*Leading
*Controlling

19. *
*Efficiency
*Effectiveness

20. *
“doing things right”
“getting the most output from the least amount
of inputs”
“not wasting resources”

21. *
“doing the right things”
“completing activities so that organizational
goals are attained”