What is Management? Management is planning, supervising and ascertaining of the three most important constituents of an organization called Man, Money, and Machine. Management carries on with harmonization of these very important elements with minimum consumption of accessible resources towards maximization of profits. Consequently, management is a word approximately expended for the sake of assuring everything and anything within the organization. It is looked up as the Human Idea being formulated by the Humans for the Human benefit. The fundamental concept behind Management is to be aware of the personality and behavior of the people and the temperament of the organization, the money, and the capital demanded and how they both are interlinked so that the capital is handled professionally. As per the management’s people concept that has the maximum priority as it is an indispensable constituent in every organization and that only concentrated and devoted workforce ...