📖 generic · 12th TN - English Medium · COMMERCE · Page 16poem

1.04  Management Process

Chapter 1: Chapter 1 · COMMERCE

. Management Process The substance of management should be identified as a process. A process is something that what a person does in the context of his individual duties and responsibilities assigned by his or her immediate higher authority. A process also implies ongoing and unceasing cyclical operations. In management there is planning-action-control cycle. Defining the concept must incorporate this management cycle. A process indicates the dynamic nature of management. It also implies that change is a constant reality of organisational life and management is the management of change. Lastly, management is regarded as a social process because it is directly concerned with management of human resources in order to secure cooperation and teamwork from the people in their performance.

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