MBA Essay

MBA Essay

MBA essay will deal with different issues related with management. With the growing popularity of management education these categories of essays and research papers are also in demand now a day.

The basic features of management can be identified as follows-

1)      Organized activities- Management is a process of organized activities. Without organized activities, two groups of people cannot be involved in the performance of activities. Where a group of people are involved in working towards a common objective, management comes into existence. The organized activities may take a variety of forms ranging from a tightly structured organization to a very loosely knit organization. It can be a company like Microsoft or a local social club. But all organizations have one thing in common; they want to progress efficiently towards the achievement of their objectives, through the coordinated efforts of people. This is done by management process. Therefore, where a single individual pursues his personal objectives, management has no operational meaning. However, when an attempt is made to channel the individual’s quest for personal objectives along the lines that contribute to the overall objectives of the group, management becomes the means by which the random action is controlled.

2)      Existence of objectives- An objective or set of objectives should exist towards which the organized group activities are directed. Without objectives, it becomes difficult to define the direction where organized group activities would lead to. The existence of objectives is a basic criterion of every human organization because all organizations are deliberate and purposive creation and, therefore, they should have some objectives. The objectives are agreed upon by the members of the group or the organization. The organizational objectives are the desired state of affairs which an organization attempts to realize. This realization of objectives is sought through the coordinated efforts of the people constituting an organization.

3)      Relationship among resources- Organized activities meant to achieve common goals are brought about to establish certain relationships among the available resources. Resources include money, machine, materials and people. All these resources are made available to those who manage; they apply knowledge, experience, principles for getting the results. Thus, the essence of management is integration of various organizational resources. However, since people at operative level do the things by the use of various physical and other resources, it is more important for the management to take care of integration of human resources. Thus, management is concerned with the proper utilization of human resources which, in turn, utilize other resources.

4)      Working with and through people- Management involves working with people and getting organizational objectives achieved through them. The idea of working through people is interpreted in terms of assigning activities to sub ordinates. The superior sub ordinate relationships are created because of organized activities. Through the process of assignment and realization of activities, the actual work is performed by people at the operative level which is the lowest level in an organization. Thus, a sizeable proportion of management principles relates to how human beings can be put for better efforts in the organization.