A) Definitions of Management.
1. The person or persons who control or direct a business or other enterprise.
2. Combined fields of policy and administration and the people who provide the decisions and supervision necessary to implement the owners' business objectives and achieve stability and growth.
3. Collective administrative heads of a company, institution, business, etc., who are responsible for conducting the affairs of the company (institution, business, etc.) for meeting its short-range and long-range objectives, and for maintaining it as a profit-making organization and/or an ongoing enterprise.
4. Management is a process that is used to accomplish organizational goals; that is, a process that is used to achieve what an organization wants to achieve.
5. Corporate power elites distinguished primarily by their distance from actual productive work and their chronic failure to manage.
6. The planning, organizing, directing, and controlling of the enterprise’s operation so that objectives can be achieved economically and efficiently through others.
7. Management in all business areas and organizational activities are the acts of getting people together to accomplish desired goals and objectives.
B) What is a System?
A system is an invisible name given to visible group of things bounded with some defined constraints. It is an orderly, interconnected complex arrangement of parts for the achievement of a common goal.
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