Preview

Management

Powerful Essays
Open Document
Open Document
1017 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Management
INSTITUTE OF ACCOUNTANCY ARUSHA

PROGRAM: BBM
COURSE: MANAGEMENT THEORY AND PRACTICE
TYPE: GROUP ASSIGNMENT
CODE: BMU 07137
SEMESTER: ONE
FACILITATORS: Mr. MARANDU V.
GROUP MEMBERS
1. MOHAMMED ABDULRAHIM R.
2. MUJWIGA SHYMIMANA S.
3. KILINDO JESCA C.
4. KOMBA TULIZO D.
5. MUKYA ARAPHA M.
6. MWAKATUMBULA HARRISON H.

Question
To what extent is the study of management theory and practice indispensable to the business managers?
Introduction
The business today is so complicated to the extent that it needs highly trained managers who can push the organization and reach the desired goal. At this point it does not matter how far a manager knows the management theories but what matters is knowledge and practice of these management theories. He is therefore required to be a goal oriented who can be able to organize both human and non-human resources for efficient operation of the business.
Definition of terms
Management theory
Management theory can be defined as a collection of ideas which set forth general rules on how to manage a business or organization. It also addresses how managers relate to their organizations in the knowledge of its goals, the implementation of effective means to accomplish the organization goal and how to motivate employees to increase their performance.
A business manager
The term manager refers to the person who gets people together to achieve desired goals.
OR
Are individuals in an organization who directs activities
Types of management theory
In management there are four types of management theories that include:-
i. Systems management theory ii. Chaos theory, iii. Freedom based management theory, and iv. Contingency management theory.

i) Systems Management
The systems management theory requires

You May Also Find These Documents Helpful

  • Powerful Essays

    MANAGEMENT

    • 3061 Words
    • 18 Pages

    I certify that this assignment/report is my own work, based on my personal study and/or research…

    • 3061 Words
    • 18 Pages
    Powerful Essays
  • Better Essays

    Hi , Jbhkl;

    • 1935 Words
    • 8 Pages

    Management is the attainment of organizational goals in an effective and efficient manner through planning, organizing, leading and controlling organizational resources.…

    • 1935 Words
    • 8 Pages
    Better Essays
  • Better Essays

    Management Theory Taxonomy

    • 2561 Words
    • 11 Pages

    Management theory is important because it is the study of how to make all the…

    • 2561 Words
    • 11 Pages
    Better Essays
  • Powerful Essays

    Organizing is a function of arranging people and resources to work towards goals. To achieve those goals in effective and efficient manner it is important to have a good knowledge of the team’s skills. Lack of motivation in the team, fear of undervaluation or poor attitude could fail the goals and on the other hand enthusiasm, motivation and given responsibility can bring successful results in reaching the goals. In other words the company’s objectives can be failed if the wrong person is chosen for the task. Manager is a person who chooses the right person, give the jobs that are suitable for their skills and proficiencies. To do so an objectives have to be clear and SMART…

    • 1624 Words
    • 6 Pages
    Powerful Essays
  • Better Essays

    Manager Interview

    • 1634 Words
    • 7 Pages

    Several management researches have documented their own theories on management. These different theories on management attempt to explain and outline the different activities they must perform and the different roles they need to fill in order to ensure that the people in the organisation and the organisation itself function efficiently and effectively (Robbins et al., 2008). One of the more popular theories on management and one that relates well to the manager interviewed is Robert L. Katz’s management skills…

    • 1634 Words
    • 7 Pages
    Better Essays
  • Better Essays

    Management vs Leadership

    • 926 Words
    • 4 Pages

    In chapter one of Management, The New Competitive Landscape, 6E, it quotes Peter Drucker as saying, "Management means, in the last analysis, the substitution of thought for brawn and muscle, of knowledge for folklore and tradition, and of cooperation for force." Managing a company takes hard work and dedication to the company and to the employees which depend upon their superior's skills. Reaching that level in an organization requires education of the company and education regarding various departments. Management is the use and control of people or employees to efficiently and effectively accomplish a goal or task. There are several different management styles that a manager can utilize. Also, there are many effective management tools that a manager should use to effectively accomplish a task. Namely, managers should utilize the four functions of management. These functions include planning, organizing, leading, and controlling. Without these functions accomplishing tasks would seem unachievable and the organization its self would be disorganized. Therefore, it is very important to have someone in charge to utilize control mechanisms; which is another important step in the functions of management. Also someone needs to keep employees focused and on task. Management is made up of a person or multiple persons that have knowledge of all departments and the goals of each department. They then take that…

    • 926 Words
    • 4 Pages
    Better Essays
  • Satisfactory Essays

    Management

    • 525 Words
    • 3 Pages

    Q7: What was a common vision that the new company was based on? Pg. 162-167…

    • 525 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    Management vs. Leadership

    • 1181 Words
    • 5 Pages

    Management as a concept was developed in the last 100 years partly due to the booming industrial revolution. “The definition of management is to exercise executive, administrative, and supervisory direction of a group or organization.” (Ricketts, 2009). Management goals are to accomplish tasks and master routines.…

    • 1181 Words
    • 5 Pages
    Better Essays
  • Better Essays

    Management Reflection

    • 1548 Words
    • 6 Pages

    Management is a concept that dates back to early civilizations. Those which paved the way for the concept we know today, entailing many figure heads boasting several principals and ideologies. The concept, that being the process of dealing with or controlling things and people has been and will continue to be a necessary component of organizations. Contemporary management in organizational context is constantly changing and can be looked at under a broad scope; by singling out some theories and foundations to these processes we can grasp ideas as to how these changes come about and how they can be changed in a beneficial way.…

    • 1548 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    A ‘manager’ in simple terms, is the person who gets people together to achieve desired goals. However, it cannot be that simple. This report will examine the manager’s role in more depth. Over the years, many management theories such as scientific management, administrative management and human relations movement, have been raised and put into practice, eventually evolving into a practical management for today.…

    • 1167 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Management 101

    • 4133 Words
    • 17 Pages

    OBJECTIVES Upon completion of this subject, students should be able to:     understand and critically discuss the evolution of management thoughts; critically evaluate and apply management theories, models and concepts of management; be familiar with the structure, behaviour and environment of organizations, and be aware of the importance of management towards attaining organisational goals in today‟s competitive world.…

    • 4133 Words
    • 17 Pages
    Powerful Essays
  • Powerful Essays

    What Leader Do

    • 1812 Words
    • 8 Pages

    Management is a universal phenomenon. It is a very popular and widely used term. All organizations - business, political, cultural or social are involved in management because it is the management which helps and directs the various efforts towards a definite purpose. According to Harold Koontz, “Management is an art of getting things done through and with the people in formally organized groups. It is an art of creating an environment in which people can perform and individuals and can co-operate towards attainment of group goals”. According to F.W. Taylor, “Management is an art of knowing what to do, when to do and see that it is done in the best and cheapest way”.…

    • 1812 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    management

    • 3597 Words
    • 15 Pages

    * I am grateful to Dansk Management Forum for providing me the data used in the paper, to the…

    • 3597 Words
    • 15 Pages
    Powerful Essays
  • Powerful Essays

    Asss

    • 14264 Words
    • 58 Pages

    managers to improve, enhance, or change work behaviors so that individuals, groups, and the whole organization can achieve their goals…

    • 14264 Words
    • 58 Pages
    Powerful Essays
  • Satisfactory Essays

    Each team members were given opportunity to give a brief introduction about themselves. All team members were asked about their past experiences of being office bearers.…

    • 463 Words
    • 3 Pages
    Satisfactory Essays

Related Topics