The Definition of Management

Topics: Management, Department store, Cotton Pages: 4 (629 words) Published: May 1, 2013
Management is the organizational process that includes strategic planning, setting; objectives, managing resources, deploying the human and financial assets needed to achieve objectives, and measuring results. Management also includes recording and storing facts and information for later use or for others within the organization. Management functions are not limited to managers and supervisors. Every member of the organization has some management and reporting functions as part of their job. Manager:

A Manager is the person responsible for planning and directing the work of a group of individuals, monitoring their work, and taking corrective action when necessary

Introduction about KMI:

Khalid Modern Industries (Pvt) Ltd. is situated in Hasilpur. KMI (Khalid Modern Industries (Pvt) Ltd.) has ongoing their business in January, 1990 with oil mills and cotton mills. Later than understanding of 8 years of an organization, KMI entered in the field of Vanaspati ghee/Cooking oil and ghee/cooking oil unit is established at Vehari road, Hasilpur in 1998. Its manufacture ability is 150 M.Tons daily.

KMI purchased a sugar mills in Peshawar that is “Khazana Sugar Mills through auction in 1999. In February 2002, this group also purchased another cotton factory (Ex: Ali Cotton factory, Chhona wala road, Hasilpur) during auction.

Achievement story of KMI group doesn’t stop here; it goes/is going away ahead. In 2003, KMI group established a Solvent extraction plant in the site of cotton factory at Vehari road Hasilpur.
In Hasilpur, the main unit is Ghee/Cooking Oil Unit. However 5 units are operational under the name of Khalid Modern group of Industries (Pvt) Ltd. as follows:

1. Khalid Modern Industries (Pvt) Ltd. (Cotton Unit 1) Vehari road, Hasilpur 2. Khalid Modern Industries (Pvt) Ltd. (Ghee/Cooking Unit) Hasilpur 3....
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • management Essay
  • Essay about management
  • Management Essay
  • Management Research Paper
  • Essay about Management
  • Management Essay
  • management Essay
  • Some Definitions of Management by Management Authors Essay

Become a StudyMode Member

Sign Up - It's Free