am is ha ppt

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    Management is defined as the process of planning, organising, actuating & controlling an organisations operations in order to achieve coordination of the human & material resources essential in the effective & efficient attainment of

    objectives.

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    I t is a systemized body of

    knowledge pertaining to a particular field of enquiry . Any subject is said to be science if it is developed scientifically & is based on concepts, experiments, research,laws etc.

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    S ystematised body of knowledge- I ts principles are based on a cause & effect relationship.Principles based on experimentation -

    S cientific principles are first developed through observation & then tested through repeated experimentation under controlled conditions.Universal validity - S cientific principles

    have universal validity & application.

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    I t is an occupation supported by specialized knowledge and developed n training , the entry within which is regulated by some authentic representatives.

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    W ell Defined Body of Knowledge- All professions are based on well

    defined body of knowledge that can be acquired through instruction. Restricted Entry- The entry to a

    profession is restricted through an examination or through acquiring an educational degree.

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    Professional Association- All professions are affiliated to a professional association

    which regulates entry, grants certificate of practice and formulates and enforces a code of conduct.

    Ethical Code of Conduct- All professions are bound by a code of conduct which guides the behaviour of its members.

    S ervice Motive- The basic motive of a profession is to serve their clients and trust by rendering dedicated and committed

    service.

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    I t is the application of the

    theoretical knowledge .I t is based on practice, creativity, personal judgements and innovation .Art is the skillful & personal application of existing knowledge

    to achieve desired results.

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    Existence of theoretical knowledge- Art presupposes the existence of certain theoretical knowledge. Experts in their respective areas

    have derived certain basic principles which are applicable to a particular form of art. Personalised application- The use of this basic

    knowledge varies from individual to individual.

    Art, therefore is a very personalised concept. Based on Practice and Creativity - All art is

    practical. Art involves the creative practice of existing theoretical knowledge.

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    Management is not a perfect science because of the following:Many of the management principles are

    not supported by research.I n management it is difficult to establish cause and effect relation most of the time. Application of the principles depends upon situational factors.

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    Management is not regarded as a profession because of the following:Entry to management profession is

    not restricted.I t does not have an All I ndia

    Representative Association.No reasonable professional fee is being charged for managerial tasks.

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