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Management What is Management?
"Management" (from Old French ménagement "the art of conducting, directing", from Latin manu agere "to lead by the hand") characterises the process of leading and directing all or part of an organization, often a business, through the deployment and manipulation of resources (human, financial, material, intellectual or intangible). How does it work? Modern management as a discipline began as an off-shoot of economics in the 19th century. Classical economists such as Adam Smith and John Stuart Mill provided a theoretical background to resource allocation, production, and pricing issues.In the 21st century we find it increasingly difficult to subdivide management into categories in this way. More and more processes simultaneously involve several categories. Instead, we tend to think in terms of the various processes, tasks, and objects subject to management. Related Keywords Customer relationship management, CRM, performance management, content management, asset management, inventory management, network management, debt management, project management, workforce management, supply chain management, desktop management, knowledge management, information management, facility management, cost management, crist management. Recommended Websites ICICIBANK International expertise & experience. CIBC Better Than Prime Mortgage saves you money. Find out more now! |
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