# MANAGMENT:

# Nature and significance

It refers to the process of conducting a set o functions POSDC [PLANING ,ORGANSING ,STAFFING ,DIRECTING ,CONTROLING] to get the work done in efficiently and effectively .

  1. Efficient        :        Effectively
  2. Focus on cost        :        Focus on time
  3. Ingoretime        :        cost

# FEATURE OF MANAGEMENT

  1. Management of goal orinted process
  2. Management is pervasive
  3. Management is multi-dimensional 1. management of work , 2. management of people , 3. management of operation
  4. Management is a continous process
  5. Management of group activity
  6. Management of dynamic function
  7. Management of intangiable force

# OBJECTIVE OF MANAGEMENT

  1. Oranisation objective
  2. soical objective
  3. Human / personal / individual objective

# NATURE OF MANAGEMENT

There are three natures

  1. Management as science
  2. Management as art
  3. Management as profession

# LEVEL OF MANAGEMENT

  1. top level
  2. middle level
  3. lower level