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Class notes Nature Management (MGT1103) Fundamentals of Management, ISBN: 9780134237473 $20.49
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Class notes Nature Management (MGT1103) Fundamentals of Management, ISBN: 9780134237473
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  • Course
  • Nature Management (MGT1103)
  • Institution
  • INTI International College Penang
  • Book
  • Management

Topic discussed: 1. What is management? 2. Levels of management 3. Functions of management 4. Management skills 5. Managerial roles

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Document information

  • June 26, 2021
  • 35
  • 2020/2021
  • Class notes
  • Dr. sophia william
  • All classes

Subjects

  • management
  • business
  • managers
  • business strategy
  • business administration
  • diploma in business
  • business process management

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  • INTI International College Penang
  • Nature Management (MGT1103)
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Fundamentals of Management

1. Nature of Management

, Topic discussed:

1. What is management?
2. Levels of management
3. Functions of management
4. Management skills
5. Managerial roles

, What is Management ?

 Management is a process of co-ordinating work activities so
that they are completed efficiently and effectively with
and through other people.

 Management involves the efficient and effective
completion of organisational work activities.

 Management involves setting and achieving goals by
exercising related functions & co-ordinating various
resources.

, What Is Management?
Efficiency:
 Getting the most output from the least amount of
inputs;
 “doing things right.”
 It seeks to minimise the cost of resources

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