![]() |
|||
MANAGEMENT is the practice of planning events, and controlling the activities and resources that are necessary to achieve them.Resources, Activities, and Controls are the essential components of all management systems, A description and simplified version of the application of the General Theory, described in the book are linked below. Events may range from opening an office atResources may range from a junior clerk and a packet of paper clips to the employees and assets of a multinational corporation. Activities may vary from instructing a clerk to file a letter to building a skyscraper. Controls may range from pressing an arrow key on a keyboard to authorising the payment of a million dollars to a contractor. In every case it is the function and responsibility of management to plan the events and control the activities and resources for which they have authority. A glossary defining the main terms that are used is an essential foundation to serious consideration of any management theory. |
Santa Claus plans for the event of Christmas, controls the resources of reindeer, sled, and presents - and carries out the activity of delivering them on time. He is managing on behalf of the parents and their children who will receive the presents. |
||