Management (or managing) is the administration of an organization, whether it is a business, a non-profit organization, or a government body. It is the art and science of managing resources.
Management includes the activities of setting the strategy of an organization and coordinating the efforts of its employees (or of volunteers) to accomplish its objectives through the application of available resources, such as financial, natural, technological, and human resources. "Run the business" and "Change the business" are two concepts that are used in management to differentiate between the continued delivery of goods or services and adapting of goods or services to meet the changing needs of customers - see trend. The term "management" may also refer to those people who manage an organization—managers.
Some people study management at colleges or universities; major degrees in management include the Bachelor of Commerce (B.Com.) Bachelor of Business Administration (BBA.) Master of Business Administration (MBA.) Master in Management (MSM or MIM) and, for the public sector, the Master of Public Administration (MPA) degree. Individuals who aim to become management specialists or experts, management researchers, or professors may complete the Doctor of Management (DM), the Doctor of Business Administration (DBA), or the Ph.D. in Business Administration or Management. There has recently been a movement for evidence-based management.
Larger organizations generally have three hierarchical levels of managers, in a pyramid structure:
Senior managers, such as members of a board of directors and a chief executive officer (CEO) or a president of an organization. They set the strategic goals of the organization and make decisions on how the overall organization will operate. Senior managers are generally executive-level professionals and provide direction to middle management, who directly or indirectly report to them.Middle managers: examples of these would include branch managers, regional managers, department managers, and section managers, who provide direction to front-line managers. Middle managers communicate the strategic goals of senior management to the front-line managers.Lower managers, such as supervisors and front-line team leaders, oversee the work of regular employees (or volunteers, in some voluntary organizations) and provide direction on their work.In smaller organizations, a manager may have a much wider scope and may perform several roles or even all of the roles commonly observed in a large organization.
Social scientists study management as an academic discipline, investigating areas such as social organization, organizational adaptation, and organizational leadership.
referenceFull Form | Category |
---|---|
Maximal Independent Set | Academic & Science |
Munich International School | Academic & Science |
Management Indicator Species | Academic & Science |
Multi-angle Imaging Spectrometer | Academic & Science |
Marine Isotope Stage | Academic & Science |
Marine Isotopic Stage | Academic & Science |
Master of Information Science | Academic & Science |
Mordern Industrial Societies | Academic & Science |
Management of Information Systems | Academic & Science |
Misima Island | Airport Code |
Midcoast Internet Solutions | Business |
Millfield Information Support | Business |
Michael Industries Systems | Business |
Medical Implant System | Business |
Manager Instruction Sheet | Business |
Marketing Intelligence Survey | Business |
Marketable Investment Securities | Business |
Major Investment Study | Business |
Management Integration Server | Business |
Marketing Institute of Singapore | Business |
Mobile Interactive Solution | Business |
Months In Service | Business |
Management Information Summary | Business Management |
Management | Business Management |
Most Important Story | Community |
Mooresville Intermediate School | Community |
Musical Instrument Samples | Community |
Model International School | Community |
Membership Information System | Community |
McCulloch Intermediate School | Community |
Makuhari International School | Community |
Marion Intermediate School | Community |
Miraleste Intermediate School | Community |
Major Information Systems | Computing |
Multimedia Information Sources | Computing |
Mobile Information Server | Computing |
Mastering Interface System | Computing |
Message Identification Service | Computing |
Microsoft Information Store | Computing |
Money Information Server | Computing |
Mcafee Internet Security | Computing |
Mounting Interface Standard | Computing |
Maintenance Information Systems | Computing |
Themis | Cryptocurrency |
Mithril Share | Cryptocurrency |
Mountain Ice Sheet | Earth Science |
Master of Interdisciplinary Studies | Educational Degree |
Management Information Science | Educational Degree |
Metal Insulator Semiconductor | Electronics |
Mission File (games) | File Type |
Mindless Information Saturation | General |
Made In Shlomi | General |
Maintenance Information System | General |
Mass In Service | General |
Madison International Speedway | General |
Mobile Inspection Station | General |
Mechanical Investigation Section | General |
Methanol Injection Supercharged | General |
Motorhome Information Service | General |
Mando India Steering | General |
Modular Infotainment System | General |
Mclaren Infotainment System | General |
Micro Irrigation Set | General |
Michigan International Speedway | General |
Moore Integrated Solutions | General |
Make It Simple | General |
Master of | General |
Malaria Indicators Survey | General |
Malaria Indicator Survey | General |
Memory Impairment Screen | General |
Magnetic Image Sensor | General |
Michetti Information Solutions | General |
Men In Suits | Governmental |
Municipality Information System | Governmental |
Military Intelligece Staff | Governmental |
Master Investigative Staff | Governmental |
Management Initiatives Staff | Governmental |
Medicaid Information System | Governmental |
Meteorological Impact Statement | Governmental |
Management Innovation Source | Governmental |
Multimedia Internet Services | Internet |
Mikrotec Internet Services | Internet |
Manager of Information Systems | Jobs |
Mathematics In The Sciences | Maths |
Medical Information System | Medical |
Medical Imaging System | Medical |
Minimal Intervention Strategy | Medical |
Melanoma In Situ | Medical |
Minimally Invasive Surgery | Medical |
Mullerian Inhibiting Substance | Medical |
Market Intervention Scheme | Messaging |
Mission Intelligence Segment (within Cars) | Military and Defence |
Mission In Stealth | Military and Defence |
Maritime Intelligence Summary | Military and Defence |
Management Information System | Ministry of Communications and Information Technology |
Mobile Internet Server | Networking |
Managed Internet Service | Networking |
Master Identification Sequence | Networking |
Mexican Institute of Sound | News & Entertainment |
Mirror Image Stimulation | Physics Related |
MIsima Island, Papua New Guinea | Regional |
Miscellaneous (Other) | Regional |
Mississippi Central Railroad Corporation | Regional |
Mississippi Central Railroad | Regional |
Management Information System(s) | Software |
Mission Information Subsystem | Space Science |
Mississauga Sports Centre | Sports |
Mobile Information Service | Telecommunication |
Ever curious about what that abbreviation stands for? fullforms has got them all listed out for you to explore. Simply,Choose a subject/topic and get started on a self-paced learning journey in a world of fullforms.
Allow To Receive Free Coins Credit 🪙