Management: Definition and Concept - QS Study
QS Study

Management is a very popular term and has been used extensively for all types of activities and mainly for taking charge of different activities in any enterprise. Management in businesses and organizations is the function that coordinates the efforts of people to accomplish goals and objectives using available resources efficiently and effectively. As you have seen from the above example and case study that management is an activity which is necessary wherever there is a group of people working in an organization.

People in organizations are performing diverse tasks but they are all working towards the same goal. Management aims at guiding their efforts towards achieving a common objective – a goal. There are five functions of management and leadership: planning, organizing, staffing, coordinating and controlling.

Management Concepts offers high-impact training designed to help individuals develop the skills, knowledge, and capabilities needed to succeed in today’s challenging work environment. Management, has therefore, been defined as a process of getting things done with the aim of achieving goals effectively and efficiently. We need to analyze this definition. There are certain terms which require elaboration. These are (a) process, (b) effectively, and (c) efficiently.