Definition of Organization and Management. Also, their nature, feature, and characteristics are given below:
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Definition of Organization:
An organization is a form of every human association for the attainment of a common purpose (Mooney and Railey). Also, it is a social unit where many people attain to accomplish a common goal. Some common natures, as well as characteristics, are point out below:
Nature and characteristics of organization:
- Common goal
- Division of labor or works
- Collection of people
- Hierarchy of authority
1. Common goal
An organization structure has no meaning unless it can contribute to the accomplishment to the common objectives. In other words, an organization is formed to attain common goals.
2. Division of works
In an organization division of works is the division of labors on the basis of organization.
Integration or co-ordination of the various activities of the enterprise is another important feature of an organization.
4. Collection of people
An organization acts as a collection of groups or peoples.
organization consists of a formal structure in which a hierarchy of authority of each member is clearly defined.
Types of organization:
Some types of organization are point out below:
- Business organization
- No-profit organization
- Mutual benefits organization
- Commonweal organization
1. Business organization
A business organization is one type of organization. Business organizations are economic entities established for the purpose for the purpose of making economic gains. They are of various types e.g. travel agencies, banks, restaurants, departments stores, etc.
2. Non-profit organization
Also, non-profit organization is one type of organization form. Non-profit organizations are formed not for the profit-making but for the providing services to the clients to the community. For example hospitals, schools, universities, etc.
3. Mutual benefit organization
Similarly, mutual benefits organization is also one type of organization. Mutual benefits organizations examples are labor unions, chambers of commerce, trade associations, etc. Maybe individuals join these organizations to satisfy their needs for affiliation, association, and security.
4. Commonweal organization
Likewise above organizations commonweal is also an organization. Commonweal organizations have created to provide standard services to a large segment of the population. For example postal services, police departments, army units, etc.
Definition of management:
In simple words, management is the process of managing things as well as activities according to the passes of time. Management is the process of getting things done through others with the help of some essential activities such as planning & decision making, organizing & staffing, coordinating, directing, controlling. Similarly, management is the process of getting a job done through and with other people by using the resources (human, financial, physical and information) optimally.
In an organization management is the process of managing organizational activities, transactions through planning & decision making, organizing & staffing, coordinating, directing, controlling.
Various management scientists are defining management in their own ways. Some of them are:
According to Ricky W. Griffin, “Management is a set of activities (including planning & decision making, organizing, leading & controlling) directed at an organization’s resources (human, finance, physical & information) with the aim of achieving an organizational goal in an efficient & effective manner.”
According to F. W. Taylor, “Management is knowing exactly what you want to do and then seeing that they do it in the best and cheapest way.”
In short, Management is the primary activities of either new openly businesses or small businesses as well as large businesses. Planning & decision making, staffing & organizing, coordinating, directing, controlling these are essential functions of management. And these all apply, used, applicable in every type of business organization’s. So it called universally applicable statements.
On the basis of above discussion maybe it suggests:
- Management is a continuous process.
- It is universal.
- Also, management aim is achieving an organization’s goals by using the effective use of resources.
- Similarly, management uses both resources physical as well as human to achieve a common goal.
- Several interrelated activities have to perform by manager irrespective of their levels to achieve the desired goal.
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