Management - definition

Management - definition - Management Source:

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Management Source: Dictionary: man·age·ment ( măn ' ĭj-m nt ə ) Sponsored Links Chief Executive Programme Equip Yourself To Handle The Role of A Chief Executive. Register Now! The Economist Magazine 12 Week Subscription for MYR109 & Receive a Complimentary 2GB USB. Home > Library > > Dictionary n. 1. The act, manner, or practice of managing; handling, supervision, or control: management of a crisis; management of factory workers. 2. The person or persons who control or direct a business or other enterprise. 3. Skill in managing; executive ability. Management Top Home > Library > > Finance and Investment Dictionary Combined fields of policy and administration and the people who provide the decisions and supervision necessary to implement the owners' business objectives and achieve stability and growth. The formulation of policy requires analysis of all factors having an effect on short- and long-term profits. The administration of policies is carried out by the Chief Executive Officer , his or her immediate staff, and everybody else who possesses authority delegated by people with supervisory responsibility. Thus the size of management can range from one person in a small organization to multilayered management hierarchies in large, complex organizations. The top members of management, called senior management, report to the owners of a firm; in large corporations, the Chairman of the Board the President , and sometimes other key senior officers report to the Board of Directors , comprising elected representatives of the owning stockholders. The application of scientific principles to decision-making is called management science. See also Organization Chart . Marketing Dictionary: management 1
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Top Home > Library > > Marketing Dictionary 1. Collective administrative heads of a company, institution, business, etc., who are responsible for conducting the affairs of the company (institution, business, etc.) for meeting its short-range and long-range objectives, and for maintaining it as a profit- making organization and/or an ongoing enterprise. 2. Leading or supervising of an organization, business operation, or the like. 3. Wise use of means to accomplish a purpose. Business Encyclopedia: Management Top Home > Library > > Business Encyclopedia Throughout the years, the role of a manager has changed. Years ago, managers were thought of as people who were "the boss." While that might still be true today, many managers view themselves as leaders rather than as people who tell subordinates what to do. The role of a manager is comprehensive and often very complex. Not everyone wants to be a manager, nor should everyone consider being a manager. A Definition of Management
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This note was uploaded on 04/19/2011 for the course MBA 550 taught by Professor Schneider,d during the Spring '11 term at AIB College of Business.

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Management - definition - Management Source:

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