This document provides an overview of management concepts from an introductory management course. It defines management and discusses classical and modern approaches to management theory. Specifically, it summarizes Frederick Taylor's scientific management approach and Henry Fayol's administrative management approach. For scientific management, it outlines Taylor's principles including replacing rule of thumb with science. For administrative management, it lists Fayol's five functions of management and his 14 principles. The document also discusses definitions of management, characteristics of organizations and differences between managers and operatives.