Management and Importance of management

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SUBMITTED BY NAME – Nitin Yadav BRANCH - COMPUTER ENGG… Roll NO - 14085080020 PRESENTATION SUBMITTED TO NAME :- Er . Richa Garg (HOD), Er. Virender Singh Depts. - CSE

Transcript of Management and Importance of management

Page 1: Management and Importance of management

SUBMITTED BY NAME – Nitin YadavBRANCH - COMPUTER ENGG…Roll NO - 14085080020

PRESENTATION

SUBMITTED TONAME :- Er . Richa Garg (HOD), Er. Virender SinghDepts. - CSE

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Management• Meaning of management• Characteristics of management• Need of management• Level of management• Function of management• Organisation structure• Inventory management

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Meaning of Management

Management is getting things done through other.

Management mean to manage things by planning,co-ordinating,motivating and controlling.

Manager-Manager is that person by whom the work is done.

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Characteristics of Management

Management is a purposeful activity. Management is getting the things done. Management is needed at all levels of the

organisation. Management is goal oriented. Management is both science and art.

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Need of Management

The need for a good management is due to the following reasons:- Tough competition in the market. Production efficiency. Industrial piece. Limited financial resources. Complexity of industry.

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Levels of Management

Middle Level Management

Top Level Management

Low Level Management

Diagram of Levels of Management

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Levels of Management Top Level Management:- It is the head of all

management.It consist of Board of Directors, Chief executives, Senior executives. All policy decision are taken by top level management.

Middle Level Management:- Middle management serves as a link between the top level management and lower level management.

Lower Level Management:- Lower management consist of office superintendents, Foremen and supervisors.

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Function of Management Planning Organising Staffing Directing Co-ordinating Controlling Motivating

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Inventory ManagementInventories are stock of raw materials and components required for manufacturing of product and of finished product for sale. Thus, inventories form a link between the production and sale of the product. The forms of inventories existing in a manufacturing enterprise can be classified into three categories:-(A) Raw Materials:-These are the goods which have been purchased and store for future productions.(B) Work-in-Progress:-These are the semi-manufactured products.(C) Finished Goods:-These are the final products of the production process ready for sale.

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THAN

KS