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INTRO\CTION TO MANAGMNT

88lLl ln18CuuC1lCn
CrganlzaLlons possess human as well as nonhuman
resources LhaL are puL Lo use ln Lhe servlce of speclflc
goals
ManagemenL ls Lhe force LhaL unlLes human as well as
non human resources ln Lhe servlce of organlzaLlonal
goals
lL ls a process of geLLlng resulLs wlLh and Lhrough
people
lL ls needed whenever people work LogeLher ln an
organlzaLlon
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ManagemenL
Manpower
MaLerlals
Machlnery MeLhods
Money
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ManagemenL ls Lhe accompllshmenL of resulLs Lhrough
Lhe efforLs of oLher people lowteoce A Appley
lL ls Lhe process of coordlnaLlng work acLlvlLles so LhaL
Lhey are compleLed efflclenLly wlLh and Lhrough people
lL ls concerned wlLh resources Lasks and goals
ceocy- doIng fhIngs rIghf nnd Is concornod
wIfh monns. (mnx ouf of mIn)
ecteoess- doIng rIghf fhIngs nnd concornod
wIfh onds. (comIofIng ncfIvIfIos- nchIovomonfs of
gonIs)
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$! MAACM%
,oooqemeot os oo ecooomc tesootce
lL ls one of Lhe facLors of producLlon along wlLh land
labour and organlzaLlon lL ls requlred Lo converL Lhe
dlsorganlzed resources of men maLerlals money and
machlnes lnLo a producLlve useful ongolng concern
,oooqemeot os o system o ootbotty
lL ls a rule maklng and rule enforclng body Managers
worklng aL Lop levels en[oy more auLhorlLy Lhan people
worklng aL lower levels
,oooqemeot os o closs ot elte
lL ls vlewed as a dlsLlncL class ln socleLy havlng lLs own
value sysLem and conLrlbuLlng Lo buslness success
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CPA8AC1L8lS1lCS
ManagemenL ls lnLanglble
lL ls goal orlenLed
ls unlversal
lL ls a soclal process
lL ls a group acLlvlLy
ls a sysLem of auLhorlLy
lL ls an acLlvlLy
lL ls dynamlc
lL ls a sclence as well as an arL
lL ls mulLldlsclpllnary
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