PPT - Principles of Management Commerce Notes | EduRev

Business Studies (BST) Class 12

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Commerce : PPT - Principles of Management Commerce Notes | EduRev

 Page 2


SYNOPSIS
? Definition
? Management function (or) Process of 
Management
? Managerial Skills
? Order of Management
? Efficiency & Effectiveness
? General Principles of Management
? Management as an Essential for any 
Organization?
? Run time Example for the Management
Page 3


SYNOPSIS
? Definition
? Management function (or) Process of 
Management
? Managerial Skills
? Order of Management
? Efficiency & Effectiveness
? General Principles of Management
? Management as an Essential for any 
Organization?
? Run time Example for the Management
? “Management is the process of designing and         
maintaining an environment in which individuals  working 
together in groups, efficiently accomplish selected item”
? “Management is the process of getting things done, through & 
with people in organization”
Page 4


SYNOPSIS
? Definition
? Management function (or) Process of 
Management
? Managerial Skills
? Order of Management
? Efficiency & Effectiveness
? General Principles of Management
? Management as an Essential for any 
Organization?
? Run time Example for the Management
? “Management is the process of designing and         
maintaining an environment in which individuals  working 
together in groups, efficiently accomplish selected item”
? “Management is the process of getting things done, through & 
with people in organization”
MANAGEMENT FUNCTIONS (OR) PROCESS OF
MANAGEMENT:
There are five types of functions in management. They 
are,
? Planning-Defines the goal & establishing strategy.  
? Organizing-ncludes determining what task has to be 
done, who is to do them.
? Staffing-Includes recruitment of people and training 
them towards the project.
? Leading-Includes the motivating the employees and 
directing the activities.
? Controlling-It is the process of monitoring the 
performance.
Page 5


SYNOPSIS
? Definition
? Management function (or) Process of 
Management
? Managerial Skills
? Order of Management
? Efficiency & Effectiveness
? General Principles of Management
? Management as an Essential for any 
Organization?
? Run time Example for the Management
? “Management is the process of designing and         
maintaining an environment in which individuals  working 
together in groups, efficiently accomplish selected item”
? “Management is the process of getting things done, through & 
with people in organization”
MANAGEMENT FUNCTIONS (OR) PROCESS OF
MANAGEMENT:
There are five types of functions in management. They 
are,
? Planning-Defines the goal & establishing strategy.  
? Organizing-ncludes determining what task has to be 
done, who is to do them.
? Staffing-Includes recruitment of people and training 
them towards the project.
? Leading-Includes the motivating the employees and 
directing the activities.
? Controlling-It is the process of monitoring the 
performance.
Managerial Skills
There are three types of skills required by a 
manager. They are:
?Conceptual Skills-These skills are required 
by the employee who are in top level 
management. 
?Technical skills- These skills are required by 
the employee who are in middle level 
Management. 
?Human Relations Skills-These skills are 
required by the employee in the supervisory 
level.
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