Assignment- General Management
STUDENT NAME: JOAN BRIGHT ADEYEMO
STUDENT’S REG. NO: MBA(DL) 212/0120
COURSE NAME: Master of Business Administration
UNIT CODE: MBA 603
UNIT TITLE: GENERAL MANAGEMENT ASSIGNMENT I
SUBMITTED TO: EVANS NYAMBOGA
Answer to Question 1
Management is as critical as the organization because it is management which helps and directs the various efforts towards the achievement of the goals of the organization. It entails the process of working with and through others to effectively attain the goals of the organization. Management stands to protect the interest of the organization.
According to Harold Koontz, “Management is an art of getting things done through and with the people in formally organized groups. It is an art of creating an environment in which people can perform and individuals can co-operate towards attainment of group goals.” As per the definition of Harold Koontz, it is management which puts into use the various factors of production and creates a conducive environment for the goals of the organization to be achieved. Management takes responsibility to create such conducive environment and conditions to maximize efforts so that people are able to perform their task efficiently and effectively using limited resources in this fast space changing world. The organization cannot know what to do, when to do and see that it is done in the best and cheapest way without management. No organization can survive or even be in existence without management.
The main objectives of management are:
Guaranteeing maximum results with minimum efforts and resources. Management is basically concerned with thinking and utilizing human, material and financial resources in such a manner that would result in the best combination in reducing various costs.
Utilizing the various factors of production properly to increase their efficacy to a great extent. This is obtained by reducing spoilage, wastages and breakages
STUDENT’S REG. NO: MBA(DL) 212/0120
COURSE NAME: Master of Business Administration
UNIT CODE: MBA 603
UNIT TITLE: GENERAL MANAGEMENT ASSIGNMENT I
SUBMITTED TO: EVANS NYAMBOGA
Answer to Question 1
Management is as critical as the organization because it is management which helps and directs the various efforts towards the achievement of the goals of the organization. It entails the process of working with and through others to effectively attain the goals of the organization. Management stands to protect the interest of the organization.
According to Harold Koontz, “Management is an art of getting things done through and with the people in formally organized groups. It is an art of creating an environment in which people can perform and individuals can co-operate towards attainment of group goals.” As per the definition of Harold Koontz, it is management which puts into use the various factors of production and creates a conducive environment for the goals of the organization to be achieved. Management takes responsibility to create such conducive environment and conditions to maximize efforts so that people are able to perform their task efficiently and effectively using limited resources in this fast space changing world. The organization cannot know what to do, when to do and see that it is done in the best and cheapest way without management. No organization can survive or even be in existence without management.
The main objectives of management are:
Guaranteeing maximum results with minimum efforts and resources. Management is basically concerned with thinking and utilizing human, material and financial resources in such a manner that would result in the best combination in reducing various costs.
Utilizing the various factors of production properly to increase their efficacy to a great extent. This is obtained by reducing spoilage, wastages and breakages