6/26/2008

Definitions for "What is Management"

Definition 1 - by the English statesman Sir Thomas More (1478-1535)

Organization and coordination of the activities of an enterprise in accordance with certain policies and in achievement of clearly defined objectives. Management is often included as a factor of production along with machines, materials, and money.

Definition 2
Directors and managers who have the power and responsibility to make decisions to manage an enterprise. As a discipline, management comprises of the interlocking functions of formulating corporate-policy and organizing, planning, controlling, and directing the firm's resources to achieve the policy's objectives.

Definition 3
The act, manner, or practice of managing; handling, supervision, or control: management of a crisis management of factory workers.

Definition 4
The person or persons who control or direct a business or other enterprise.

Definition 5
Skill in managing, executive ability.

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