Focus areas such as frequent change of position and sufficient development must be managed well. Management strives to minimize employee turnover and to have the right staff in the right place.

This management principle of the 14 principles of management represents deployment and managing of personnel and this should be in balance with the service that is provided from the organization. On the basis of observation and analysis i.e.Therefore, management principles are the statements of fundamental truth based on logic which provides guidelines for managerial decision making and actions. They serve as a guide to thought & actions. It establishes cause and effect relationship between two or more variables under given situation. Management Definition Management is the art of getting things done through others.ДЄ principle refers to a fundamental truth. For efficient and profitable functioning it is necessary that all these factors are put to work in a co- ordinated manner. Management - as how the mind controls the human body and its function similar management (mind) controls the various activities ( human body) in the Organisation - Collection of physical equipments, 4 MвЂ™s in Organisation вЂ“ Men, Machine, Materials, Money, and leads to nothing.UNIT I OVERVIEW OF MANAGEMENT Definition - Management - Role of managers - Evolution of Management thought - Organization and the environmental factors вЂ“ Trends and Challenges of Management in Global Scenario.

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