Question

Answer the following.

What is management?

Answer 1

Meaning: The word management is derived from the Latin word ‘Manus’ which means ‘hands’. It means management is handling some activity. Many thinkers said that management means a fine consideration of co-ordinating and controlling the work either from direct individual or from a group.

Definitions:

Some definitions of management given by different management thinkers as follows:

Mary Parker Follet- “Management is an art of getting things done through others”.

Henry Fayol-“To manage is to forecast, to plan, to organize, to command, to co-ordinate and to control”.

Fredrick Winslow Taylor- “Management is knowing exactly what is to be done and seeing that it is done in the best possible manner.”