Tuesday, May 8, 2018

Definitions of Management

According to George R. Terry, ''Management Is a distinct process consisting of planning, organising, actuating and controlling; utilising in each both science and art, and followed in order to accomplish pre-determined objectives."
According to Harold Koontz, "Management is the art of getting things done through others and with formally organised groups."
According to F.W. Taylor, "Management is the art of knowing what you want to do and then seeing that they do it in the best and the cheapest may."

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Functions or Process of Management

Their are five functions and to memorize them we have the basic method:  P O S D C P(Planning): is the function of determining what is to...