managment learning object perview of chapter

1. Management
BCS 2nd
Qurtuba University of Science & Information Technology
Lecture Prepared by:- Anwaar Hassan
Email:- Anwaar.hassan20@gmail.com
Cell# -03349133590
Chapter 1
An Introduction
to Management
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2. Learning Objectives
After studying this chapter, you should be able to:
1. Understanding management & the Manager’s Job
2. Understanding organization, efficient & efficient
3. Understanding THE MANAGEMENT PROCESS
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3. Preview of Chapter 1
Management
• Definition
• Management – Science or Arts
• Levels of Management
• Function of management
• Managerial skill’s
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4. Learning Objective 1
4LO 1

5. Meaning of Management :-
A set of activities including
• planning and
• decision making,
• organizing,
• leading, and
• Controlling,
• directed at an organization’s resources (human, financial, physical, and
information),
• with the aim of achieving organizational goals in an efficient and effective
manner
5LO 1

6. Allocating costs of long-lived assets:
• Fixed assets = Depreciation expense
• Intangibles = Amortization expense
• Natural resources = Depletion expense
6LO 1
Management in Organizations

7. Management as an Element:-
• Management is an important element in every organization.
• It is the element that coordinates currents
organizational activities and
• Plans for the future.
• It adapts the organization to its environment
• And shapes the organization to make it more suitable to the
organization
7LO 1

8. Management Definition:-
According to
F.W.Taylor
Management is an art (Skill) of “knowing what you want
to do” and then seeing that it is done in the best and cheapest way.
OR
George R. Terry
Management as a process “consisting of
planning, organizing, actuating and controlling, performed to
determine and accomplish the objective by the use of
people and resources.”
8LO 1

9. Continued
In the definition,
Planning :- means ‘’Plan in advance’’.
Organizing:- means ‘’coordination between human resources and
material resources.’’
Actuating :- means ‘’motivation and giving direction to subordinate.’’
Controlling :- means to ensure about implementation of plan without
deviation .
Therefore, this definition tells that management is an act of achieving
the organization objectives.
9LO 1

10. Basic managerial activities:-
Basic managerial activities include,
• planning and decision making, organizing, leading, and
controlling
• Managers engage in these activities to combine human,
financial, physical, and information resources efficiently and
effectively
• and work toward achievement of the goals of the organization.
10LO 1

11. The Basic Purpose of Management
Is to ensure that an organization’s goals are achieved in an
efficient and effective manner
Efficient:-
we mean,
• Using resources wisely and without unnecessary waste
& produces
• High-quality products at relatively low costs is efficient.
Effective:-
we mean,
• Doing things successfully
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