Management Function: Management Flashcards
Management
The administration of an organization, whether it is a business, a not-for-profit organization, or government body.
Major degrees in management include
the Bachelor of Commerce (B.Com.) and Master of Business Administration (MBA.) and, for the public sector, the Master of Public Administration (MPA) degree. Doctor of Management (DM), the Doctor of Business Administration (DBA), or the PhD in Business Administration or Management.
Three levels of managers
Senior managers, Middle managers and Lower managers.
“To manage is to forecast and to plan, to organise, to command, to co-ordinate and to control.”
Henri Fayol
“The transformation of resources into utility.”
Fredmund Malik
“A vulnerable force, under pressure to achieve results and endowed with the triple power of constraint, imitation and imagination, operating on subjective, interpersonal, institutional and environmental levels.”
Ghislain Deslandes
Saw the basic task of management as twofold: marketing and innovation.
Peter Drucker
Henri Fayol (1841–1925) considers management to consist of six functions:
forecasting planning organizing commanding coordinating controlling
Introduced Taylorism to Japan and became the first management consultant of the “Japanese-management style”.
Yoichi Ueno
Wrote the first college management-textbook in 1911.
J. Duncan
Offered the first Master of Business Administration degree (MBA) in 1921.
The Harvard Business School
Who saw what he called the “administrator” as bureaucrat.
Max Weber
Wrote one of the earliest books on applied management: Concept of the Corporation (published in 1946).
Peter Drucker
Introduced statistical techniques into management-studies.
H. Dodge, Ronald Fisher (1890–1962), and Thornton C. Fry
Worked in the development of the applied-mathematics science of operations research, initially for military operations.
Patrick Blackett
