FUNDAMENTAL OF MANAGEMENT

By LALIT KUMAR PATRA ET(Geology)

applies to all organizations.WHAT IS AN ORGANIZATION AND IT’S CHARACTERISTICS ? Organization A systematic arrangement of people brought together to accomplish some specific purpose.  Common characteristics of an organization  2 .

.MANAGEMENT Management is defined as a process of overseeing and coordinating resources efficiently and effectively in line with the goals of the organization.

LEVELS OF MANAGEMENT .

CHARACTERISTICS OF MANAGEMENT  Management is universal Management is goal directed Management is intangible Management is a continuous process Management is multi-disciplinary .

IMPORTANCE OF MANAGEMENT Attainment of Goals Stability and Growth Management is a continuous process Change and Development .

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refers to the relationship between inputs and outputs. seeks to minimize resource costs Doing the right things.HOW DO WE DEFINE MANAGEMENT?  Management   The process of getting things done. through and with other people Efficiency  Doing the thing correctly. goal attainment  Effectiveness  8 . effectively and efficiently.

COMMON CHARACTERISTICS OF ORGANIZATIONS 9 .

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