Basic concepts of Management

Question

Illustrate the three basic concepts of Management in brief.

Answer 1

The three basic concepts of Management are as follows:

a) Management as a Discipline: Discipline signifies to a field of study containing well-defined concepts and principles.

b) Management as a Group of People: This refers to management as a group of people in which it comprises all those personnel who perform managerial functions in the organizations.

c) Management as a process: In studying the management discipline, we usually refer to management as a method. The process can simply be stated as systematic method of handling activates.