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  • Nature and Significance of Management - Mindmeister Mind Map789

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    Management is defined as getting things done through and with people in a formally organized group. It has the following key characteristics: goal-oriented, all-pervasive, multi-dimensional, continuous, and a group activity. Management is important as it helps achieve group goals, increases efficiency, creates a dynamic organization, helps achieve personal objectives, and helps develop society. The objectives of management include organizational objectives like survival, profit, and growth as well as social objectives like quality products, reasonable prices, employment opportunities, and economic wealth.

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    Management is defined as getting things done through and with people in a formally organized group. It has the following key characteristics: goal-oriented, all-pervasive, multi-dimensional, continuous, and a group activity. Management is important as it helps achieve group goals, increases efficiency, creates a dynamic organization, helps achieve personal objectives, and helps develop society. The objectives of management include organizational objectives like survival, profit, and growth as well as social objectives like quality products, reasonable prices, employment opportunities, and economic wealth.

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    © All Rights Reserved
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    11 views1 page

    Nature and Significance of Management - Mindmeister Mind Map789

    Uploaded by

    Sonu Singh
    Management is defined as getting things done through and with people in a formally organized group. It has the following key characteristics: goal-oriented, all-pervasive, multi-dimensional, continuous, and a group activity. Management is important as it helps achieve group goals, increases efficiency, creates a dynamic organization, helps achieve personal objectives, and helps develop society. The objectives of management include organizational objectives like survival, profit, and growth as well as social objectives like quality products, reasonable prices, employment opportunities, and economic wealth.

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    © All Rights Reserved
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    of 1

    6/12/22, 2:02 PM NATURE AND SIGNIFICANCE OF MANAGEMENT - MindMeister Mind Map

    NATURE AND SI… Upgrade Now Invite

    Management Definition by
    H. Koontz " Management is an art
    of getting things done through
    NATURE AND
    and with the people in formally
    SIGNIFICANCE
    organized group."
    OF MANAGEMENT

    Characteristics of Importance of Objectives of Nature of Management Levels of Management Functions of Management


    Management Management Management

    Management as Top level Planning


    Organizational an Art
    goal - oriented process -> helps in achieving Objectives
    all pervasive group goals Middle level Organising
    multi-dimensional -> increases efficiency Management as
    continuous process -> creates a dynamic -> Survival a Science
    Supervisory level Staffing
    a group activity organisation -> Profit
    dynamic function -> helps in achieving personal -> Growth
    intangible force objectives Management as Directing
    -> helps in the development a Profession
    of society Social
    objectives Controlling

    -> Quality products


    -> Reasonable price
    -> Employment
    opportunity
    ->Economic wealth
    -> Eco-friendly methods
    of production

    Personal
    objectives If you want to manually align your
    topic, press Alt .
    -> Adequate salary
    -> Good working Don't show this anymore
    conditions
    -> Peer recognition
    -> Training and
    Mind Map development
    -> Social recognition

    https://www.mindmeister.com/map/2323872075 1/1

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