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Management

Management is the process of administering and controlling an organization's affairs to create a collaborative environment for achieving business objectives efficiently. It involves optimal use of resources (5M's: men, machine, material, money, and methods) through proper direction and coordination. Key characteristics include being universal, goal-oriented, continuous, multi-dimensional, group-focused, dynamic, and an intangible force.

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0% found this document useful (0 votes)
34 views2 pages

Management

Management is the process of administering and controlling an organization's affairs to create a collaborative environment for achieving business objectives efficiently. It involves optimal use of resources (5M's: men, machine, material, money, and methods) through proper direction and coordination. Key characteristics include being universal, goal-oriented, continuous, multi-dimensional, group-focused, dynamic, and an intangible force.

Uploaded by

Muinul Mubin
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Management (manajemen)

Definition:
Management can be defined as the process of administering and controlling the affairs of
the organization, irrespective of its nature, type, structure and size. It is an act of creating and
maintaining such a business environment wherein the members of the organization can work
together, and achieve business objectives efficiently and effectively.

Management acts as a guide to a group of people working in the organization and coordinating
their efforts, towards the attainment of the common objective.

In other words, it is concerned with optimally using 5M’s, i.e. men, machine, material, money
and methods and, this is possible only when there proper direction, coordination and integration
of the processes and activities, to achieve the desired results.

Definisi:
Manajemen dapat didefinisikan sebagai proses administrasi dan mengendalikan urusan organisasi,
terlepas dari sifat, jenis, struktur dan ukurannya. Ini adalah tindakan menciptakan dan memelihara
lingkungan bisnis di mana anggota organisasi dapat bekerja bersama, dan mencapai tujuan bisnis
secara efisien dan efektif.

Manajemen bertindak sebagai panduan untuk sekelompok orang yang bekerja di organisasi dan
mengoordinasikan upaya mereka, untuk mencapai tujuan bersama.

Dengan kata lain, ini berkaitan dengan penggunaan optimal 5M, yaitu orang, mesin, material, uang
dan metode dan, ini hanya mungkin terjadi ketika ada arahan yang tepat, koordinasi dan integrasi
proses dan kegiatan, untuk mencapai hasil yang diinginkan.

Characteristics of Management
 Universal: All the organizations, whether it is profit-making or not, they require management,
for managing their activities. Hence it is universal in nature.
 Goal Oriented: Every organization is set up with a predetermined objective and management
helps in reaching those goals timely, and smoothly.
 Continuous Process: It is an ongoing process which tends to persist as long as the organization
exists. It is required in every sphere of the organization whether it is production, human
resource, finance or marketing.
 Multi-dimensional: Management is not confined to the administration of people only, but it
also manages work, processes and operations, which makes it a multi-disciplinary activity.
 Group activity: An organization consists of various members who have different needs,
expectations and beliefs. Every person joins the organization with a different motive, but after
becoming a part of the organization they work for achieving the same goal. It requires
supervision, teamwork and coordination, and in this way, management comes into the picture.
 Dynamic function: An organization exists in a business environment that has various factors
like social, political, legal, technological and economic. A slight change in any of these factors
will affect the organization’s growth and performance. So, to overcome these changes
management formulates strategies and implements them.
 Intangible force: Management can neither be seen nor touched but one can feel its existence,
in the way the organization functions.

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