Introduction To Management PDF Free Download

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Introduction To Management PDF Free Download

Management Is What Managers ‘do’, It Is The Process Of Coordinating Work Activities With And Through Other People So That Work Activities Are Completed Efficiently And Effectively. The Term ‘management’ Is Used To Refer The Process Of Managing The Activities Of Enterprise.

In Layman’s Language Management Refers To Group Of Personnel Of An Enterprise Who Have Supervisory Role Over Others. Example Good Quality Of Management And Bad Quality Of Management. In Simple Term Management The Process Of Getting Things Done, Effectively And Efficiently, Through And With Other People.

For Management, It Is Important To Be Both Effective And Efficient. Effectiveness And Efficiency Are Two Sides Of The Same Coin. But These Two Aspects Need To Be Balanced And Management At Times, Manager Has To Compromise With Efficiency. For Example, It Is Easier To Be Effective And Ignore Efficiency I.e., Complete The Given Task But At A High Cost.

Suppose, A Company’s Target Production Is 5000 Units In A Year. To Achieve This Target The Manager Has To Operate On Double Shifts Due To Power Failure Most Of The Time. The Manager Is Able To Produce 5000 Units But At A Higher Production Cost. In This Case, The Manager Was EffectiveBut Not So Efficient, Since For The Same Output, More Inputs (Labour Cost, Electricity Costs) Were Used.

At Times, A Business May Concentrate More On Producing Goods With Fewer Resources I.e., Cutting Down Cost But Not Achieving The Target Production. Consequently, The Goods Do Not Reach The Market And Hence The Demand For Them Declines And Competitors Enter The Market.This Is A Case Of Being Efficient But Not Effective Since The Goods Did Not Reach The Market.

Therefore, It Is Important For Management To Achieve Goals (Effectiveness) With MinimumResources I.e., As Efficiently As Possible While Maintaining A Balance Between Effectiveness And Efficiency. Usually High Efficiency Is Associated With High Effectiveness Which Is The Aim Of All Managers. But Undue Emphasis On High Efficiency Without Being Effective Is Also Not Desirable. Poor Management Is Due To Both Inefficiency And Ineffectiveness.

In Simple Efficiency Means Doing The Things Correctly; Refers To The Relationship Between Inputs And Outputs; Seeks To Minimise The Resource And Cost. Effectiveness Means Doing The Right Things; Goal Attainment.

What A Book! My Lecturer Mentioned That This Is A Very Good Book And It Is! I’m Studying Educational Management And This Book Is Very Helpful! It Has All The Information That I Need For My Assignment, It Was Quite Big When It Came Which I Didn’t Expect The Size Of The Book But Nevertheless It’s A Wicked Book!! Very Helpful Book To Use! Richard Pettinger Knows What He Is Talking About And His Information Helps Me With My Assignments So I’m Pleased With This Book. Nothing Is Complicated. The Book’s Allowed Me To Understand More About Management.

This Text Provides A Complete And Comprehensive Introduction To Management. It Includes Discussion And Analysis Of The Key Aspects Of Management And Integrates This With The Analysis Of Business Skills And Behaviour, And The Techniques Essential For Effective Management.

The Concept Of Management Involves Planning And Organizing Different Activities Of An Organization In Order To Accomplish Its Goals. Proper Business Management Of An Organization Requires Using A Firm’s Resources In The Best Possible Manner To Ensure Efficiency And Effectiveness In The Organization. The Basic Functions Of Business Management Include Planning, Organizing, Directing, Staffing, And Controlling.

Management Is Not A Hard Science. Unlike Chemistry Or Algebra Where A Right Answer (Often) Exists, Management Is Fluid, And Subjective, And There Are Divergent Perspectives On How To Employ Its Principles. But What Exactly Is Management? Most Scholars Have Variations Of The Same Definition That Include A Utilization Of Resources To Achieve A Goal.

Lussier (2021) Defines A Manager As “the Individual Responsible For Achieving Organizational Objectives Through Efficient And Effective Utilization Of Resources” (P. 3). The Problem With This Definition Is That It Implies That A Manager Has To Be Both Efficient And Effective, Which Eliminates The Possibility Of Having A Bad Manager. Each Of Us Can Probably Contradict This Definition By Providing An Example From Our Personal Past. However, This Definition Contains The Basic Elements Of Using Resources To Pursue Goals.

An Early Management Scholar, Mary P. Follett Characterized Management As “the Art Of Getting Things Done Through The Efforts Of Other People” (Graham, 1995). This Definition Implies Both Pursuing Goals (Getting Things Done) And Utilizing Resources (Predominantly Through People). However, This Too Is Missing An Element, That Of The Organizational Context.

An Important Consideration For Understanding Management Is That The Term Organization Simply Refers To “a Collection Of People Working Together To Achieve A Common Purpose” (Shermerhorn, 2013, P. 11). This Means An Organization Could Be Anything From Your High School Volleyball Team To Church Or A Corporation. Including The Term “organization” In The Definition Leaves Open The Possibility That Management Can Be Practiced In Each Of These Settings, And Broadens Our Use Of The Term Management.

A Comprehensive Definition For Management Then, Would Be The Pursuit Of Organizational Goals Through The Use Of Organizational Resources (Bateman & Snell, 2013). Pursuit Implies A Chance Of Failure And Organizational Gives Us A Context. This Begs The Question – How Can We Become Effective At The Pursuit Of Goals, Or Become More Efficient In Our Use Of Organizational Resources? Being Good At Management Requires An Immense Focus On Both Of These Ends, And We Can Achieve This Through The Process Of The Planning, Organizing, Leading, And Controlling Functions Of Management.

These Functions Serve As The Basis For The Rest Of The Textbook Because They Are The Essential Tools We Use To Manage Organizations. Most Of The Context And Examples For This Book Focus On The Corporate Use Of Management. However, You Should Meet The Concepts Where You Are In Your Professional Or Academic Career – Apply The Principles To The Context Of Your Life, Master The Four Functions For What You Are Doing Now So That You Can Scale Them To Much Bigger Managerial Endeavors Later.