Friday, August 12, 2011

Management Definition

“Management is an art of knowing what do you want to do and then seeing that is is done in the best and cheapest way.”-F. W. Taylor
“To manage is to forecast, to plan, to organize, to command to co-ordinate and control". by Henry Fayol
“Management is a distinct process consisting of planning, organizing, actuating and controlling performance t determine and accomplish the objectives by the use of people and resources,”by george R. Terry
“Management is the creation and maintenance of internal environment is an enterprise where individuals working in groups can perform efficiently and effectively toward the attainment of group goals. It is an art of getting the work done through and with people in formally organized groups". by Koontz and O’Donnel