• Nature and functions of management:
    importance of management,
    definition of management,
    management functions, 
   development f management thought contribution 
    of 
    1. F. W. Taylor, 
    2. Henri Fayol, 
    3. Elton Mayo, 
    4. system contingency approaches to 
      management
   Definitions of management
    Harold koontz
      “Management is an art of getting 
    things done through and with 
    people in formally organised 
    groups”
      Henry Fayol
      “To manage is to forecast , to 
    plan, to organize, to co-ordinate 
    and to control “
   Peter Drucker
      “Management is a multipurpose organ that 
    manages a business  and manages manager 
    , and manages worker and work”
    F.W. Taylor
      “Management is knowing exactly what you 
    want men do, and then seeing that they do it 
    in the best and cheapest way.”
  Management can be defined as
     “Management is the process of 
   achieving organisational goals by 
   engaging in the four major functions of 
   planning, organizing , leading  and 
   controlling by co-ordination of human, 
   material, technological and financial 
   resources.”
       MANAGEMENT FUNCTIONS
                                               PLANNING
                                             Setting goals and 
                                           deciding best method
                                              to  achieve them
                                                     1
         CONTROLLING                                                                  ORGANIZING
         Regulating activities          4                               2         Allocating ad arranging
         To reach goals                                                                   resources
                                                     3
                                                 LEADING
                                              Influencing others
                                            To work towards goals