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Management is the process of getting activities completed efficiently and effectively with and through other people.

Management functions include:

  • Planning
  • Organizing
  • Leading
  • Controlling

The tools of management are science and the practice of management is art.

It is an art because we have to be creative, flexible, use yourself and our abilities to motivate and manage people. At the same time it is also a science because in management, we use theories for application. But the reason that no management theory or approach can guarantee a practical success in a social or economic organization deviates it from science to an art. So, management is the art of handling the different aspects of an organization.

Moreover, management is the subject of commerce - Commerce means commercial arts. Commercial means scientific reason. So in this way management is the combination of science and arts.

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