management categories

8/10/2019 Management Categories

1/15

Pharmaceutical Management &Marketing

ManagementsCategories And Different Angles


2/15

Management can be defined indetail in following categories/

angles

1. Management as a Noun2. Management as a Process3. Management as an Activity4. Management as a Discipline5. Management as a Group

6. Management as a Science7. Management as an Art8. Management as a Profession
http://www.managementstudyguide.com/management_process.htmhttp://www.managementstudyguide.com/management_activity.htmhttp://www.managementstudyguide.com/management_discipline.htmhttp://www.managementstudyguide.com/management_group.htmhttp://www.managementstudyguide.com/management_science.htmhttp://www.managementstudyguide.com/management_art.htmhttp://www.managementstudyguide.com/management_profession.htmhttp://www.managementstudyguide.com/management_profession.htmhttp://www.managementstudyguide.com/management_art.htmhttp://www.managementstudyguide.com/management_science.htmhttp://www.managementstudyguide.com/management_group.htmhttp://www.managementstudyguide.com/management_discipline.htmhttp://www.managementstudyguide.com/management_activity.htmhttp://www.managementstudyguide.com/management_process.htm


3/15

1. Management as a Noun

Management refers to all those personswho are concerned with getting the

things done through others.

MD, GM, Board of Directors


4/15

2. Management as a Process

Management refers to all that manager does - Planning, Organizing ,Staffing, Directing, Controlling.

Management is a social process- management is concerned withdeveloping relationship among people for obtaining organizational goals.

Management is an integrating process- Management undertakes the job ofbringing together human physical and financial resources so as to achieveorganizational purpose. Therefore, is an important function to makecombination of various factors.

Management is a continuous process- It is a never ending process. It isconcerned with constantly identifying the problem and solving them.
http://www.managementstudyguide.com/management_process.htmhttp://www.managementstudyguide.com/management_process.htm


5/15

3. Management as an Activity

Informational activities: Managers constantly has toreceive and give information orally or in written.

Decisional activities: Managers are continuouslyinvolved in decisions of different kinds.

Inter-personal activities:Managers maintain goodrelations with them. The inter-personal activitiesinclude with the sub-ordinates and taking care ofthe problem.
http://www.managementstudyguide.com/management_activity.htmhttp://www.managementstudyguide.com/management_activity.htm


6/15

4. Management as a Discipline

Management as a discipline refers tothat branch of knowledge which isconnected to study of principles &

practices of basic management/administration

Or simple we can say that management isa course of study
http://www.managementstudyguide.com/management_discipline.htmhttp://www.managementstudyguide.com/management_discipline.htm


7/15

5. Management as a Group

Management as a group refers to allthose persons who perform the task ofmanaging an organization.

Management as a group may be lookedupon in 2 different ways:

1. All managers taken together2. Only the top management
http://www.managementstudyguide.com/management_group.htmhttp://www.managementstudyguide.com/management_group.htm


8/15

6. Management as a Science

Management has a systematic body

Universally acceptance principles

Experimentation & Observation Cause & Effect Relationship

Test of Validity & Predictability
http://www.managementstudyguide.com/management_science.htmhttp://www.managementstudyguide.com/management_science.htm


9/15

7. Management as an Art

Practical Knowledge

Personal Skill

Creativity

Perfection through practice

Goal-Oriented

Art implies application of knowledge & skill totrying about desired results. An art may bedefined as personalized application of general

theoretical principles for achieving bestpossible results.
http://www.managementstudyguide.com/management_art.htmhttp://www.managementstudyguide.com/management_art.htm


10/15

Management As Both Science And Art

Management is both an art and a science.Last two slides clearly reveals thatmanagement combines features of bothscience as well as art. It is considered as a

science because it has an organized body ofknowledge, which contains certain universaltruth. It is called an art because managingrequires certain skills, which are personalpossessions of managers. Science providesthe knowledge & art deals with theapplication of knowledge and skills.


11/15

8. Management as a Profession

Specialized Knowledge Formal Education & Training

Over a large few decades, factors such as growing size of business unit

separation of ownership from management

growing competitionhave led to an increased demand for

professionally qualified managers.
http://www.managementstudyguide.com/management_profession.htmhttp://www.managementstudyguide.com/management_profession.htm


12/15

Group Activity

Goal- oriented

Needed at all levels of Organization

Social process System of authority

Dynamic function (continuous, molding the enterprise with changingbusiness environment)

Art as well as science Profession

Intangible

Nature/ Characteristics of Management


13/15

Getting Maximum Results with Minimum Efforts

Optimum utilization of resources

Minimizing the element of risk

Improving overall performance

Planning for the future

Growth and Development of business

Better quality goods Ensuring regular supply of goods

Research and Development

Purpose/ Objectives of Management


14/15

Achievement of group objectives

Optimum utilization of resources

Reduces Costs Increased profit

Smooth running of business

Provides innovation

Importance of Management


15/15

Marketing Management

Financial Management

Personnel Management

Production management

Purchase Management

Material Management

Office Management

Branches of Management

management categories

Documents