Tuesday, September 12, 2006

Management

Management is derived from Old French word menagement "the directing", while from Latin word manu agere means "to lead by the land".
Management is the characteries of the process of leading and directing all or part of an organisation, through the deployment and manipulation of resorces (human, financial, material, intellectual or intangible).
Management writer Mary Parker Follett defined management as "the art of getting things done through people.

Management is functionally as the action of measuring a quantity on regular basis and of adjusting some initial plan, and as the actions taken to reach one's intended goal.
There are five management functions:
1. planning
2. organizing
3. leading
4. co-ordinating
5. controlling

to be continued ...

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