Question

Give two definitions of management.

Hint:

Management = Planning + Organizing + Coordinating + Controlling resources.

Answer 1

Step 1: Definition by George R. Terry.
“Management is a distinct process consisting of planning, organizing, actuating, and controlling performed to accomplish predetermined objectives.”
Step 2: Definition by Henry Fayol.
“To manage is to forecast and plan, to organize, to command, to coordinate, and to control.”
Step 3: Conclusion.
Both definitions highlight that management is a goal-oriented process involving planning, coordination, and control of resources.