What is Management?
WHAT IS MANAGEMENT? The term management is defined as an essential part of any goal oriented activity. Every organisation requires planning of activities, organisation of resources, establishment of communication system, leading and motivation of people, and control of operations for the realization of its goals. PROCESS OF MANAGEMENT The elements of management process of management are stated as below:- (i) Planning :- It means determining the objectives of the unit or activity It involves deciding in advance what is to be done, how and when. (ii) Organising :- It refers to identification of activities to be carried out, grouping of similar activities and creation of departments. (iii) Staffing:- It involves manpower planning employment of personnel and their trainings. (iv) Directing :- It includes communication with subordinates, providing them leadership and also motivating them. (v) Controlling :- It refers to comparing the actual performance with the plans or standar...