Management Study

Administration:

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n enterprise wheather it is run for profit or not needs to be controlled.The control of the enterprise is effected through administration and management.Administration consists of deciding determination of the goal and policies of the enterprise.It is concerned mainly with decision making, policy making and making necessary adjustment.

The three elements of administration are-
1. The formulation of goals.
2. The choice of ways and means
3. The direction of people in some group purpose.

Administration makes policies and decides the goals to be achieved.It is not directly concerned with the implementation of policies.The functions of administration are legislative and largrly determinative.
Administration does not need technical ability.it is not productive in nature.Administration coordinates finance,production and distribution.
It frames the organizational structure and concise control over the enterprises.Administration is the master of industry.It relates to top level management.Persons like owners or board of directors are in charge of it.An administrator
(a) organize his own work and that of his subordinates
(b) delegates responsibility and authority.
(c) measures,evaluates and controls position activities.

Organisation:

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Organization is the frame work of management.It is the function of putting together the different parts of an enterprise into working order.Organization is a system,a group of person.It is a structure of relationships among the individuals working together for a common goal.
Organization is concerned with the building, developing and maintaining of a structure of working relationship in order to accomplish the objectives of the enterprise.Organization means the determination and assignment of duties to individuals and also the establishment and the maintenance of authority relationships among the grouped activities.Organization is the determining,grouping and arranging of the various activities deemed necessary for the attainment of the objectives.

Management Concepts

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Management may be considered as the art of getting work done through other people with satisfaction for employers,employees and public.For getting work done from the effort of other people it is necessary to guide,direct,contribute and control human efforts towards the fulfillment of the goals of the enterprise.The goals of the enterprise are fulfilled through the use of resources like men,money,material and enterprise.
Management is an executive function which actively directs human efforts towards a common goal.The main characteristics of management is
to interact and apply the knowledge and analytical approach developed by numerous other disciplines.Management does not frame policies,it only implements the policies laid down by administration.
The functions of management are executive and largely governing.It is the servant of administration and gets salary, or a part of profit in lieu of its service.Management require technical ability to function properly.It uses organization for achieving the goal of an enterprise.
Management is productive in nature.Planning,organization,staffing,motivation,directing,coordination and control are all function of management.