Principles of Management - ENGINEERING MANAGEMENT
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Wednesday, January 31, 2018

Principles of Management

Management is the process of designing & maintaining an environment in which individuals, working together in groups, efficiently accomplish selected aims

Functions of Top Management :
  • 1-To analyze, evaluate & deal with the external environmental forces
  • 2-To establish overall long-term goals strategy & policies of the company including the master budget to allocate resources.
  • 3-To create an organizational framework consisting of authority responsibility relationships.
  • To appoint departmental & other key executives.
  • To provide overall leadership to the company.

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