Courses Offered Of Over 12,350 Institutes In India. Veterinary Science Career Path Organisational Structure Management Management implies the qualities of leadership and capacity to motivate people to work in order to achieve clearly defined objectives. It requires taking decisions based on numerous economic and other factors. Planning, scheduling, decision-making, controlling, etc., requires information where as evaluation of technical economic and other factors make management techniques important. A manager is involved in managing workers, materials, processes and their interactions.
Management is an interdisciplinary science that takes concepts from all the social sciences.
It uses economics to determine costs and allocate prices, sociology to understand values and organisational behaviour of employee, statistics and mathematics to help in predicting, forecasting and planning, logic to draw rational conclusions, law to understand the rules and political theory and understand hierarchy and power. Management has become one of the most sought after careers today. With the advent of globalisation and entry of multinationals business ethics have undergone drastic changes in our country. Gone are the days when the owner of a company was the master and the employee a servant irrespective of the post that the later held in the company. The business community in India has today recognized the need to strengthen its operational base with systematic and efficient management practices.