Principles

Of
Management

Submitted by:
Ventura, Gerard L.
B.S.B.A Major in Marketing Management

Submitted To:
Prof. Ernie A. Radin, MBA
1. What is Management?

• Management is the manner of treating, carrying on, or using for a

purpose, conduct, administration, cautious handling on treatment.
• Management is a combination of an art and science. It is because it
results in the accomplishment of objectives through the use of human
effort. It becomes a science because it is a systematic body of
knowledge. It uses an analyzation and gathering of information.

Four major functions of management? Explain.

1. Planning
• Planning is the mental effort by which executive anticipate the
possible cause or factors that may effect on change the activities
and objectives of a particular organization with the end in view of
controlling the nature and direction of change and determination.

2. Organizing
• Organization is an act of organizing on the state of being
organized.
• It refers in the means employed to encourage all personnel in the
organization to accomplish whatever assignments may be given then
by management in order to achieve the objectives in the manners
they were planned and organize.
3. Leading
• Leading is the exhibiting skills in these areas for getting others to play an
effective part in achieving plans.

4. Controlling
• Controlling checking progress against plans, which may need modification
based on feedback

3.What are the importance of management?

Management is important in our economic needs. It helps to sastis