Definition of Management:
There are several definitions are available on Management. They are given below. Encyclopedia of social sciences: “Management may be defined as the process by which the execution of a given purpose is put into operation and supervised.
The combined output of various types of and grades of human effort by which the process is affected is again known as management. Again the combination of these persons who together put forth this effort in any given enterprise is known as the management of the enterprise”.
American Management Association: “Getting things done through the effects of other people”.
John Mee: “Management is the act of securing maximum results with a minimum of effort so as to secure maximum prosperity and happiness for both employer and employees and given the public the best possible service”.
G.R. Terry: “Management is a distinct process consists up of planning, organizing, actuating and controlling, performed to determine and accomplish the objective by the people and resources”.
Peter Drucker: “It is a multipurpose organ that manages the business and manages managers and manages workers and work”.
Stanely Vance: “Management is simply the process of decision making and control over the actions of human beings for the express purpose of attaining pre-determined goals”.