S.S.T.

College of Arts &

Commerce
S.Y.BMS [2008-09]

Meaning & Importance of

Management
 Name of Students Roll
no.
Nishant A. Menon
01
Shashank P. Satoskar
02
Rohan S. Dhopawkar
04
Rohan A. Goyal
05
Fatima R. Sayed
06
Sandip A. Ghodeswar
07
 Contents

 Introduction
 Objectives of Management

 Characteristics of Management

 Importance of Management

 Levels of Management

 Essential Elements of Management Process

 Introduction

Whenever two or more persons come together to

achieve a predetermined common purpose,
organization and management become necessary.

According to Harold Koontz, ‘‘Management is an

art of getting things done through and with people
in formally organised groups.’’
 Objectives of Management

 Survival
 Growth

 Profit Maximization

 Social Responsibilities
 Characteristics

 Management is a process
 Management is a social process
 Management is action based
 Management is group activity
 Management aims at coordination of activities
 Management is innovative
 Management has vast scope
 Management aims at achieving predetermined
objectives
 Importance of Management

 Optimum use of resources

 Motivates employees

 Expansion of business

 Team spirit

 Effective use of managers

 Smooth functioning
 Levels of Management

Board of Directors/ Chief

Executive/ General
Manager
Departmental Heads/
Junior Executives

Foremen/ First
Line
Supervisors
Essential Elements of Management
Process
 Webiology

 wikipedia.com
 “The Management Theory Jungle” - Journal of
Academy of Management Dec. 1961, p. 174
 “Principles of Management” – N. G. Kale, M.
Ahmed
 Acknowledgement

we are very thankful to Prof. Bharti m’am for

giving us this brilliant opportunity and to
encourage us, this project has polished our skills
and helped us to gain confidence.
Thank You