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DEFINITION OF MANAGEMENT:

"Management is principally the task of planning , co-ordinating, motivating and controlling the efforts of others towards a specific objective."

And also " A skillful or resourceful use of materials is called management".

IMPORTANCE:

1. It arranges the factors of production, assembles and organizes the resources, integrates the resources in effective manner to achieve goals.

2. Good management makes a difficult task easier by avoiding wastage of scarce resource.

3. There is Optimum use of resources through proper management.

4. The role of the Management is to move an organization towards its purposes or goals by assigning activities that organization members perform.

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