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Mario Suganob Jr. Master of Management

Mgt. 101

Bibliography in Management:

1. Bloisi, Wendy, Management and Organisational Behaviour, 2007, 2nd


European edition, McGraw Hill

2. Deresky, Helen, Global Management, 2002, Prentice Hall

3. Fischer, Schoenfeldt, Shaw, Human Resource Management, 2006, 6th


edition, Houghton Mifflin Company

4. Gomez-Meija, Luis, Balkin, David, and Cardy, Robert, Management,


2005, 2nd edition, McGraw-Hill Irwin

5. Ivancevich, John, Human Resource Management, 2007, 10th edition,


McGraw Hill

6. Jones, Gareth R. and George, Jennifer M., Contemporary Management,


2006, 4th edition, McGraw-Hill Irwin

7. Kreitner, Robert, Management, 2004, 9th edition, Houghton Mifflin


Company

8. Lewis, Pamela, Goodman, Stephen, and Fandt, Patricia, Management,


2001, 3rd edition, South Western College Publishing

9. Pearce/Robinson, Strategic Management, 2007, 10th edition, McGraw-


Hill Irwin

10. Robbins, De Cenzo, Stuart-Kotze, Fundamentals of Management, 2002,


3rd edition, Pearson Education Canada inc.

11. Robbins, Stephen and Coulter, Mary, Management, 2002, 7th edition,
Prentice Hall

12. Rue, Leslie and Byars, Lloyd, Management Skills and Application, 2007,
12th edition, McGraw Hill

13. Russell and Taylor, Operations Management, 2006, 5th edition, John
Wiley and Sans Inc.
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14. Stoner, James, and Freeman, Edward et al., Management, 2001, 6th
edition, Pearson Education

15. Thompson, John and Martin, Frank, Strategic Management, 2005, 5th
edition, Thomson

16. Weinrich, Heinz and Koontz, Harold, Management, 11th edition, 2005,
McGraw Hill

Definition of Terms:

1. Management:

 Refers to the process of getting things done, effectively and


efficiently, through with and other people. (p. 5) (Robbins, De
Cenzo, Stuart-Kotze, Fundamentals of Management, 2002, 3rd
edition, Pearson Education Canada Inc.)

 A process of coordinating work activities so that they are


completed efficiently and effectively with and through other
people. (p. 6) (Robbins, Stephen and Coulter, Mary,
Management, 2002, 7th edition, Prentice Hall)

 A process of deciding the best way to use an organization’s


resources to produce goods or provide services (p. 476) (Rue,
Leslie and Byars, Lloyd, Management Skills and Application,
2007, 12th edition, McGraw Hill)

2. Organization (as a structure)

 Is a systematic arrangement of people brought together to


accomplish some specific purpose. (p. 2) (Robbins, De Cenzo,
Stuart-Kotze, Fundamentals of Management, 2002, 3rd edition,
Pearson Education Canada Inc.)

 Is a deliberate arrangement of people to accomplish some


specific purpose. (p. 16) (Robbins, Stephen and Coulter, Mary,
Management, 2002, 7th edition, Prentice Hall)
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 Is a group of people working in a network of relationship s and


systems towards a common objective of providing value to the
people served. ( p. 45) (Bloisi, Wendy, Management and
Organisational Behaviour, 2007, 2nd European edition, McGraw
Hill)

 Group of people working together in some concerted or


coordinated effort to attain objectives. (Rue, Leslie and Byars,
Lloyd, Management Skills and Application, 2007, 12th edition,
McGraw Hill)

3. Organizing (process)

 Management function that involves the process of determining


what tasks are to be done, who is to do them, how the tasks are
to be grouped, and where decisions to be made. (Robbins,
Stephen and Coulter, Mary, Management, 2002, 7th edition,
Prentice Hall)

 Plans the supportive structures and systems needed to align


people to the strategy (p. 92) (Bloisi, Wendy, Management and
Organisational Behaviour, 2007, 2nd European edition, McGraw
Hill)

 Grouping activities, assigning activities, and providing the


authority necessary to carry out the activities. (Rue, Leslie and
Byars, Lloyd, Management Skills and Application, 2007, 12th
edition, McGraw Hill)

 Creating a coordinated authority and task structure. (Kreitner,


Robert, Management, 2004, 9th edition, Houghton Mifflin
Company)
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What are the reasons why we have to study management?

Management refers to the process of getting things done, effectively and


efficiently, through with and other people. Management is important in
many perspectives. It can be used in business, work and even in personal
life.

In business, there are five basic processes of management: planning,


organizing, staffing, directing, and controlling (POSDCON). By these
processes the business can (1) achieve its goals. Through management,
business organizations can assemble and organize their resources (men,
money, materials, time etc.) in an effective manner to achieve its goals. By
defining the objective of the organization clearly, time, money and effort can
be efficiently used. These resources are directed and controlled in such a
manner that the organization works in attaining its goals. Another reason of
studying management is that it can (2) reduce costs. Through management,
the organization can get maximum output by using only minimum input. It is
advantageous for a company to have a good production manager. By
producing quality products at the least cost is beneficial to the company and
to its customers. Through management, the business can also (3) establish
a sound organization. By organizing, the company can identify properly who
is accountable to whom, who can give instructions to whom, who are
superiors and who are subordinates. Through staffing, management fills up
various positions with right persons, having right skills, training and
qualification. And lastly, another reason for studying management is (4) the
reality that you will either manage or be managed. For those who are
planning on management careers, an understanding of the management
process forms the foundation to build their management skills. For those who
do not see their selves in a management position, they are still likely to work
with managers. So whether you are a manager or an employee, you are
likely to deal with people and manage your co-workers.
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Management is very important in any field of specialization. Efficient


management leads to better production, which increases the welfare of
people. Good management makes a difficult task easier by efficient use of
scarce resource. It improves standard of living. It increases the profit which is
beneficial to business. The community will get maximum output at minimum
cost and good management can create employment opportunities for the
people.

If resources were unlimited, will there be still a need to study


Management? Why or why not?

Scarcity has to exist. Scarcity is a fact of life. People have unlimited wants
(for food, money, comfort, leisure time etc.), but the resources for satisfying
these wants are limited.

However, assuming scarcity does not exist, then, there would be no need in
studying management. People would just take what they need, and give
what other people needed. Management is a process of deciding the best
way to use an organization’s resources to produce goods or provide services.
The process of management deals with the limited resources. A resource
can be raw materials, manpower, time, money etc. If raw materials are
unlimited, companies can produce products and services without managing
or considering the supply of their input materials. If manpower is unlimited,
there is no need to motivate employees to increase production. There will
be no cost in hiring and training employees. If there is unlimited time and
money, there are no deadlines to meet and no reason to reduce cost.

Unlimited wants and limited resources mean decisions must be made in


using resources to attain as many wants and needs as possible. In other
words, people must manage its resources because they are limited. If
resources were unlimited, there would be no need in studying management.

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