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The old saying that Manager are Born has been rejected in favor of Managers
are Made. It has been aptly remarked that management is the oldest of art and
youngest of science. To conclude, we can say that science is the root and art is
the fruit.
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From above discussion, it is quite clear that management ful lls several
essentials of a profession, even then it is not a full edged profession because: -
a. It does not restrict the entry in managerial jobs for account of one
standard or other. 100+ Indoor &
b. No minimum quali cations have been prescribed for managers.
Outdoor Team
c. No management association has the authority to grant a certi cate of
practice to various managers. Building Activities,
d. All managers are supposed to abide by the code formulated by AIMA,
1000+Satis ed
e. Competent education and training facilities do not exist.
f. Managers are responsible to many groups such as shareholders, Customers
employees and society. A regulatory code may curtail their freedom.
g. Managers are known by their performance and not mere degrees.
h. The ultimate goal of business is to maximize pro t and not social welfare.
That is why Haymes has rightly remarked, The slogan for management is
becoming - He who serves best, also pro ts most.
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Management is a
Management is a Management as a Process
purposeful activity. It is (management_process.htm)
a tool which helps use
of human & physical Management as an Activity
resources to ful ll the (management_activity.htm)
pre-determined goals.
For example, the goal of Management as a Discipline
an enterprise is (management_discipline.htm)
maximum consumer Management as a Group
satisfaction by (management_group.htm)
producing quality goods
and at reasonable Management as a Science
prices. This can be (management_science.htm)
achieved by employing
Management as an Art
Watch Now e cient persons and
(management_art.htm)
making better use of
ANNUAL PRIME MEMBERSHIP 499/ YEAR
scarce resources. Management as a Profession
(management_profession.htm)
2. Management
integrates Human, Physical and Financial Resources: In an Features of Management
organization, human beings work with non-human resources like (management_features.htm)
machines. Materials, nancial assets, buildings etc. Management
integrates human e orts to those resources. It brings harmony among
the human, physical and nancial resources.
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next (management_levels.htm)