Management Encyclopedia

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This is the only professional comprehensive business management encyclopedia application.

The premium version covers 22 business management topics & 2575 Study Notes.

This app contains the following sections:
1. Business Management & Ethics
2. Core Management Concepts
3. Managing Change & Innovation
4. Managers & Decision Making
5. Foundations of Planning
6. Strategic Management
7. Management Controls
8. Organizational Design
9. Human Resources Management
10. Managing Teams
11. Individual Behavior
12. Motivation, Learning & Performance
13. Leadership
14. Managing operations & costs
15. Design of work systems
16. Managing Quality
17. Project management
18. Supply chain management
19. Schedule & inventory management
20. MRP & ERP (material resources planning & enterprise resources planning)
21. Marketing & Advertising
22. Investments Management

Management in businesses and organizations is the function that coordinates the efforts of people to accomplish goals and objectives using available resources efficiently and effectively.

Management includes planning, organizing, staffing, leading or directing, and controlling an organization to accomplish the goal. Resourcing encompasses the deployment and manipulation of human resources, financial resources, technological resources, and natural resources. Management is also an academic discipline, a social science whose objective is to study social organization.

Management involves identifying the mission, objective, procedures, rules and the manipulation of the human capital of an enterprise to contribute to the success of the enterprise. This implies effective communication: an enterprise environment (as opposed to a physical or mechanical mechanism), implies human motivation and implies some sort of successful progress or system outcome.

As such, management is not the manipulation of a mechanism (machine or automated program), not the herding of animals, and can occur in both a legal as well as illegal enterprise or environment.Management does not need to be seen from enterprise point of view alone, because management is an essential function to improve one's life and relationships. Management is there everywhere and it has a wider range of application. Based on this, management must have humans, communication, and a positive enterprise endeavor. Plans, measurements, motivational psychological tools, goals, and economic measures (profit, etc.) may or may not be necessary components for there to be management. At first, one views management functionally, such as measuring quantity, adjusting plans, meeting goals. This applies even in situations where planning does not take place. From this perspective, Henri Fayol (1841–1925) considers management to consist of six functions:

Forecasting
Planning
Organizing
Commanding
Coordinating
Controlling
Towards the end of the 20th century, business management came to consist of six separate branches, namely:

financial management
human resource management
information technology management (responsible for management information systems)
marketing management
operations management or production management
strategic management

This application is suitable for undergraduate, graduate and postgraduate students. It is also recommended for BBA, MBA candidates, and to all Management professionals.
This application is helpful to CIA, CPA, ACCA, IFRS, CMA , CISA, PMP & prince2 candidates.
Also it's recommended to teachers, lecturers and researchers.

Last update

March 2, 2020

Management Encyclopedia

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