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Concept, Nature and Significance of Management: By-Shubham Kushwaha
Concept, Nature and Significance of Management: By-Shubham Kushwaha
signifcance of management
1) Nature, concept and
signifcance of
management
2) Functions and principles of
management
3) Development of
management thought
By !hu"ham #ush$aha
%&'N(N) 'ND D&F(N(*(+N +F
%'N')&%&N*
%anagement is the process "y $hich a co
operative group directs action to$ards a
common goal,
By -oseph %essie
*o manage is to forecast and plan, to
organi.e, to command, to coordinate and to
control,
By /enri Fayol
%anagement is the art of 0no$ing $hat you
$ant men to do in the cheapest $ay,
By F,1, *aylor
Features 2or characteristics) of
management
%anagement is an activity concerned $ith
guiding human and physical resources such
that organi.ational goals can "e achieved,
Nature of management can "e highlighted as