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University of West Bohemia in Pilsen

Průmyslové inženýrství a management

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Průmyslové inženýrství a management at ZČU »
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⇑Průmyslové inženýrství a management at ZČU

Language: English Studies in English

Subject area: economy and administration

University website: www.zcu.cz

Years of study: 4

⇑Definitions and quotes

Management

Management (or managing) is the administration of an organization, whether it is a business, a not-for-profit organization, or government body. Management includes the activities of setting the strategy of an organization and coordinating the efforts of its employees (or of volunteers) to accomplish its objectives through the application of available resources, such as financial, natural, technological, and human resources. The term "management" may also refer to those people who manage an organization.

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Management

Management as an activity has always existed to make people’s desires through organized effort. Management facilitates the efforts of people in organized groups and arises when people seek to cooperate to achieve goals.

Daniel A. Wren and Arthur G. Bedeian. The evolution of management thought, 1972, p. 11-12

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Management

In the long-run the workman may be as necessary to his master as his master is to him, but the necessity is not so immediate.

Adam Smith (1776) The Wealth of Nations Chapter VIII, p. 80

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Management

Mission is at the heart of what you do as a team. Goals are merely steps to its achievement. Mission has an eternal quality. Goals are time bound and once achieved, are replaced by others.

Patrick Dixon (2005) Building a Better Business - the key to management, marketing and motivation. p. 66

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