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Nature and Signficance of management - Coggle Diagram
Nature and Signficance of management
CHARACTERISTICS
Goal Oriented
Pervasive
Multi-Dimensional
Continuous process
Group activity
Dynamic function
Intangible force
OBJECTIVES
Organisational
survival
Growth
Profit
Social
Personal
Importance
Achieve goals
Increase Efficiency
Dynamic organisation
Achieve personal objective
Development of society
Management as an
ART
Exitistence of theoretical knowledge
Personalised application
Based on practice and creativity
Management as a
SCIENCE
Systemised body of knowledge
Principles based on Experimentation
Universal validity
Management as a
Profession
Well defined body of knowledge
Restricted entry
Proffessional association
Ethical code of conduct
Levels of management
Top management
Middle management
supervisory or operational management
Functions
P
lanning
O
rganising
D
irecting
S
taffing
Co
ntrolling
COORDINATION
Characteristics
Intergrates group efforts
Unity of action
continuous process
Pervasive
Responsibility of all managers
Deliberate function
Importance
Growth in size
functional difference
specialisation