Management

Answer: Management is the process of getting things done through others efficiently and effectively to achieve the goals of an organisation.

According to Harold Koontz, “Management is the art of getting things done through and with people in formally organised groups.” It consists of the functions of planning, organising, staffing, directing, co-ordinating and controlling. Management is goal-oriented, universal, a continuous process, intangible and is both an art and a science. It makes the best use of the 6 Ms: men, money, materials, machines, methods and markets.