Chapter 1 Mgt162
5/8/2012
Definition Of Management FUNDAMENTAL OF MANAGEMENT (MGT162)
CHAPTER 1 (part 1): INTRODUCTION TO MANAGEMENT
“The process of administering and coordinating resources
effectively, efficiently, and in an effort to achieve the goals of the organization” (Lewis) “The process of planning, organizing, leading & controlling that encompasses human, material, financial & information resources in an organizational environment”(Holt) “The process of planning, organizing, leading & controlling the efforts of an organization members & of using all other organizational resources to achieve stated organizational goals”(Stoner)
Definition of Organization & Manager
Organization “A group of individuals who work together toward common goals” (Lewis) “The structure of relationships that exits when 2 or more people mutually cooperates to pursue common objectives” (Holt) “An organization is a social unit in which 2 or more people interact to achieve a common goal or a set of goals” (Stone) Manager “An organizational member who is responsible for planning, organizing, leading and controlling the activities of the organization so that its goals are achieved” (Lewis)
Why do we need an organization?
1. o o 2. o o
Accomplish objectives To help us to achieve our objectives E.g.You come to UiTM to study & obtain a diploma Preserve knowledge Organization is also needed because it is a place where knowledge / information is preserved. E.g. To know about our country’s history, we can go to museum.
1
5/8/2012
Why do we need an organization?
Serve society Organization is also needed to serve society o E.g. We can always go to hospitals or clinics if we are not feeling well or if we have certain illnesses 4. Provide Careers o Organization also provide us with career opportunities. E.g. Some of us works in banks, others in some other organizations. Those organizations provide individuals a place to go for work & earn salary every month.
3. o
Definition Of Management FUNDAMENTAL OF MANAGEMENT (MGT162)
CHAPTER 1 (part 1): INTRODUCTION TO MANAGEMENT
“The process of administering and coordinating resources
effectively, efficiently, and in an effort to achieve the goals of the organization” (Lewis) “The process of planning, organizing, leading & controlling that encompasses human, material, financial & information resources in an organizational environment”(Holt) “The process of planning, organizing, leading & controlling the efforts of an organization members & of using all other organizational resources to achieve stated organizational goals”(Stoner)
Definition of Organization & Manager
Organization “A group of individuals who work together toward common goals” (Lewis) “The structure of relationships that exits when 2 or more people mutually cooperates to pursue common objectives” (Holt) “An organization is a social unit in which 2 or more people interact to achieve a common goal or a set of goals” (Stone) Manager “An organizational member who is responsible for planning, organizing, leading and controlling the activities of the organization so that its goals are achieved” (Lewis)
Why do we need an organization?
1. o o 2. o o
Accomplish objectives To help us to achieve our objectives E.g.You come to UiTM to study & obtain a diploma Preserve knowledge Organization is also needed because it is a place where knowledge / information is preserved. E.g. To know about our country’s history, we can go to museum.
1
5/8/2012
Why do we need an organization?
Serve society Organization is also needed to serve society o E.g. We can always go to hospitals or clinics if we are not feeling well or if we have certain illnesses 4. Provide Careers o Organization also provide us with career opportunities. E.g. Some of us works in banks, others in some other organizations. Those organizations provide individuals a place to go for work & earn salary every month.
3. o