Definition of Management

Management’s primary function is to get people to work together for the attainment of an organization’s goals and objectives.

Learning Objectives

Recognize the difference between traditional, team, and servant management.

Key Takeaways

Key Points

  • Management processes include planning, organizing, directing and controlling.
  • An important aspect of management’s function is the allocation of finite resources.
  • Resources can be human, financial, technological or natural.
  • There are different management styles: Traditional, team, and servant.

Key Terms

  • system: A whole composed of relationships among the members.
  • resource: Something that one uses to achieve an objective. An examples of a resource could be a raw material or an employee.

Management: An Overview

Management is the act of getting people together to accomplish desired goals and objectives using available resources efficiently and effectively. Since organizations can be viewed as systems, management can also be defined as human action, including design, to

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