ORGANIZATION

Is a collection of people working together to achieve a common purpose. It is a means used

by people to achieve certain objectives.

CHARACTERISTICS OF ORGANIZATION

● Have a distinct purpose (goal)

● Composed of people
● Have a deliberate structure

Basic reason why the organization is establish: Satisfaction of human wants, which is a universal
concern.

MANAGEMENT

— May be defined as the achievement of organizational objectives through people and other
resources.

EFFECTIVENESS AND EFFICIENCY : A Basic Requirement

An organization can only survive if its activities are effective and efficient.

Effectiveness

— is a central element on the management process, which requires the achievement of an

objective. (Doing the right things)

Efficiency

— is a central element in the management process, which requires that the minimum amount
of resources is used to achieve an objective. (Doing things right)

FUNCTIONS OF MANAGEMENT

1. Planning - defining goals, establishing strategies to achieve goals, developing plans to

integrate and coordinate activities, deciding in advance , what, when and how to do. "Where
are we now and where are we going"

2. Organizing - arranging and structuring work to accomplish organizational goals.

3. Staffing - manning the organization structurs and keeping it manned.

4. Leading - working with and through people to accomplish goals.

5. Controlling - monitoring, comparing and correcting work.