Management is the process of designing and maintaining an environment for the purpose of efficiently accomplishing selected aims. Managers carry out the functions of planning, organizing, staffing, leading, and controlling. The goal of all managers is to create a surplus and to be productive by achieving a favourable output-input ration within a specific time period with due consideration for quality.
This book is designed to give a basic understanding of principles, concepts, and techniques of modern management by embracing fresh principles as a foundational part of a systematic approach to reinvent management. It addresses the challenge of adaptability to modern business concepts and develop general framework for understanding management that applies to managers in all organisations, and caters specially to the management students and managers from developed and developing world.
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