InterviewSolution
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Why is management considered a multi-faceted concept? |
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Answer» Management is considered as a multi-faceted concept because it is a complex activity that has three main dimensions. These are (i) Management of Work : All organisations perform some work e.g., producing or selling. A work is defined as the goals to be achieved. (ii) Management of People : The main asset of an organisation is the human resources. This resource has to be managed in such a manner that it helps to achieve the goals of the organisations. Nature and Significanceof Management (iii) Management of Operations : All organisations either produce a product or provide a service. This requires a production process which means using an operation to convert the inputs into the output, dt is interlinked with both management of work and management of output. |
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