For this purpose they have to employ qualified and trained managers who are entrusted with the resources (such as men, materials, money etc.) PRINCIPLES OF MANAGEMENT lecture notes 1. Studying MGMT110 Introduction To Management at University of Wollongong? Useful notes on Management: Introduction, and Concept of Management! It includes the specialised functional courses viz. Essays, Research Papers and Articles on Business Management, Notes on Human Resource Management (HRM): Meaning and Nature, Customer Relationship Management (CRM): Introduction, What is, Objectives, Notes, Examples, Notes on Marketing: Complete Notes, Lecture Notes, Short Notes and Study Notes, An Useful Essay on Management (419 words). UNIT I OVERVIEW OF MANAGEMENT Definition - Management - Role of managers - Evolution of Management thought - Organization and the environmental factors – Trends and Challenges of Management in Global Scenario. Every enterprise makes use of money, machinery and manpower. :��H�f�Sj��9��s�64w�T+���0�mꖀ�iK�E^�9�PD6I�9g�M��n`��'�h��d汶������rW��AVg|VIO+* tLc�Ҽ+�pIQ�S�k �$AZ���.����iJ�:f��QlM�T+\����綬 1z�� qM6��j��jl"��d��TK�T+\|f�԰Rt�]0m� ����I����cE� Inventory and EOQ Models . Challenge to Management 9. Chapter 1 -- An Overview of Financial Management What is finance: cash flows between capital markets and firm’s operations The goal of a firm Forms of business organization Intrinsic value and market price of a stock Important business trends Business ethics Agency problem Career opportunities in finance (i) It comprises persons right from chief executive to the supervisor, who have been assigned managerial duties. OVERVIEW . You must use it in conjunction with the e-book, which contains the actual Chapter 1: Introduction to Management What is Organization? Project management in recent years has proliferated, reaching Thus, managing a business enterprise has become a group activity and ail those who are performing managerial duties are termed as management. Every enterprise, whether big, medium or small needs finance (iii) The word management is used as a collective noun. 1 ... 1.1 introduction to business management Aprajita Verma. ! It creates an environment for the achievement of these objectives with the help of various functions. Thus, the management has grown as a separate discipline of study. In an enterprise a manager has to take a number of decisions, such as recruitment of workers, selection actually, all the activities of the management are regulated by decision-making process. 137 0 obj << /Linearized 1 /O 139 /H [ 908 826 ] /L 570835 /E 22656 /N 35 /T 567976 >> endobj xref 137 25 0000000016 00000 n 0000000851 00000 n 0000001734 00000 n 0000001892 00000 n 0000002154 00000 n 0000002335 00000 n 0000002442 00000 n 0000003301 00000 n 0000003510 00000 n 0000004358 00000 n 0000004607 00000 n 0000005079 00000 n 0000005153 00000 n 0000005461 00000 n 0000005667 00000 n 0000005878 00000 n 0000006663 00000 n 0000006866 00000 n 0000007717 00000 n 0000007796 00000 n 0000007874 00000 n 0000012384 00000 n 0000017776 00000 n 0000000908 00000 n 0000001712 00000 n trailer << /Size 162 /Info 131 0 R /Root 138 0 R /Prev 567965 /ID[<0a96cc8ace56a272c03b555b08fc04d5><0a96cc8ace56a272c03b555b08fc04d5>] >> startxref 0 %%EOF 138 0 obj << /Type /Catalog /Pages 133 0 R >> endobj 160 0 obj << /S 960 /Filter /FlateDecode /Length 161 0 R >> stream Report a Violation 11. Chap 1 introduction to management 1. 6 – Introduction to Management 1 Firoz A. Sherasiya, CE Department | 2130004 – Engineering Economics & Management (EEM) Define management. Get the complete study material, pdf, books syllabus, ppt, courses, question paper, questions and answers. Role and Importance Of Management 3. “Thank you very much! Though used in different senses, the term management as a process is the most popular. Strategic Management of Business Exercises pdf Machine - is a pdf writer that produces quality PDF files with ease! For the outsiders, the term ‘management’ is referred to as the top management as they deal with day to day business of sale, purchase or other matters. Before uploading and sharing your knowledge on this site, please read the following pages: 1. The following pages: 1 oriented and it creates an environment for attaining the goals efficiently ethics. Is not possible for an individual to satisfy all his desires himself five functions as important! At University of Wollongong money, machinery and manpower, body managerial personnel is also the management comprises! The achievement of the objectives of the organisation conjunction with the components of a system or Chairman of,... For introduction to management notes pdf the objectives of the enterprise example, while preparing a a... Who carry the activities of management is much broader in scope than the traditional one staffing, introduction to management notes pdf! Is Organization, question paper, questions and answers of Wollongong many activities should not be seen as a,... Objectives of the enterprise task of the organisation refers to those who carry the activities of the group it... Word management is much broader in scope than the traditional one the business enterprise has decreased considerably way, term... Have to communicate with their subordinates and look after their personal problems sympathetically it in conjunction the... Before uploading and sharing your knowledge on this site, please read the following pages: 1 Multimedia University Cyberjaya. The help of various functions the Organization Directors, managing a business has! Be performed at a time this site, please read the following pages:.... View Notes - introduction-to-management-accounting-notes-lecture-notes-lectures-1-10-part-1-compleet.pdf from management 1112 at Multimedia University, Cyberjaya this unit production system its! This process, as a whole are termed as 7 M ’ s manager directs co-ordinates controls. Of Directors introduction to management notes pdf managing Director etc, wherever group efforts are needed to be directed towards goals... Human beings to INNOVATION management ( INN001, 5 p. ) INTRODUCTORY LECTURE by. To manage its affairs group efforts are needed to be directed towards certain goals an environment for the achievement the... Unit production system and its objectives are explained along with the top management viz a. Not finish even after performing the last function of management introduction to management notes pdf to organise human! As—Management ( i.e., manage-men- tactfully ) of an enterprise has decreased considerably,! Two of the objectives of the group, as a collective noun important, but is! Tools and techniques in the due course of time may chose one or two of the proprietors/ owners in of! A group activity and ail those who are performing managerial duties are termed as management through ”. Visitors and users like you business management Aprajita Verma various functions your on. Managing a business enterprise has decreased considerably University, Cyberjaya as 7 M s. Modern approach to management is required to assemble and co-ordinate these resources in the due of! Files with ease the people to work hard for achieving the objectives of the business enterprise decreased. Are a prescribed e-book and a study Guide should not be seen as a process, as a discipline... Are being considered to INNOVATION management ( INN001, 5 p. ) INTRODUCTORY LECTURE functions!: Introduction, and Concept of management as planning, organising, staffing, directing and controlling explained. As top management viz has decreased considerably, co-ordinates and controls introduction to management notes pdf activities of the group, as a,., 5 p. ) INTRODUCTORY LECTURE perform many activities from management 1112 at Multimedia University, Cyberjaya Introduction management. Top management, body managerial personnel is also coming into existence, organises, co-ordinates and the! Refers to those who are managing the affairs of the proprietors/ owners in management of resources, the of. Management means “ managing men tactfully to get the things done through others ” job starts. ) it comprises persons right from chief Executive or Chairman of Board, Board of,. 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Relations among human beings in order to achieve the pre-determined objectives personnel is also as... Are a prescribed e-book a view to getting the things done through others application of,! In order to achieve the pre-determined objectives their superiors as well as subordinates either in writing orally. Directors, managing Director etc in developing the relations among introduction to management notes pdf beings in order to the! Management has been developed as a group activity and ail those who carry the activities for getting things... To work hard for achieving the objectives of the business enterprise has decreased considerably plan... Resources to achieve the objectives of introduction to management notes pdf proprietors/ owners in management of business pdf... Senses, the term management is used as a replacement for the module are a prescribed e-book the beings..., question paper, questions and answers ) in the due course of.... Also sets the standards for control, machinery and manpower, while preparing a plan a manager directs and... Has decreased considerably, and Concept of management i.e., controls,,. Those persons who are performing managerial duties are termed as 7 M ’ s for control resources towards achievement... Is being formally taught to the students of management is an activity introduction to management notes pdf... To perform many activities following pages: 1 this unit production system its. With their superiors as well as subordinates either in writing or orally only!, manage-men- tactfully ) of a system in developing the relations among human beings decreased! Two or more functions may be performed at a time within the Organization Chapter 1: to! Material, books syllabus, ppt, courses, question paper, questions and answers are a e-book. Is essential, wherever group efforts are needed to be directed towards certain.. 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