Concept of Management
Fig: Management Conceptual Framework dependent on the needed For needed for accuracy of Sustaining goal this purpose functions Some continues Functions or Management process(Planning organizing staffing, Directing motivating, coordinating& controlling) Attainment of goal or objective Resources( Men, Machine, Materials, Money market & method) Goal or Objectives
Nature or Features of Management Process of Group of Activities. Social Process or Activities. Means of Achieving Goals. Technique of getting things done. Economic Resource. Separate Branch of knowledge. Universality.
Importance of Management Proper Utilization of Resources. Increase of Efficiency. Establishment of Discipline. Establishment of Cordial Relationship. Creation of Employment Opportunity