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Wednesday, May 6, 2020

Why Study Management - 821 Words

0 Why Study Management Feb 19, 2009 by Rashid Javed You may be wondering why you need to study management. If you are an accounting major, a marketing major, or an major other than management, you maynot understand how studying management may help you in your career. We can explain the value of studying management bylooking at the universality of the management, the reality of work, and the rewards and challenges of being a manager. The Universality of Management: Just how universal is the need of management in organizations? We can say with certainty that management is needed in all types and sizes of organizations, at all organizational levels and in all organizational work areas, andin all organizations, no matter what country they are†¦show more content†¦In addition, you shall be able to recognize good management and encourage it, whether it is in an organization with which you are simply interacting or whetherit is in an organization in which you are employed. The Reality of Work: Another reason for studying management is the reality that for most of you, once you graduate from college and being you career, you will either manage or be managed. For those who plan on management careers, an understanding of the management process forms the foundation upon which to build your management skills. For those of you who don\ t see yourself in a management position, you are still likely to have work with managers. Assuming that you will have to work for a living and recognizing that you are verylikely to work in an organization, you shall probably have some managerial responsibilities even if you are not a manager. Our experience tells us that you can gain a great deal of insight into the way your boss behaves and the internal workings of organizations by studying management. Our point is that you don\ t have to aspire to be a manager to gain something valuable from a course in management. Rewards and Challenges of Being a Manger: We cannot leave our discussion of the value of studying management without looking at the rewards and challenges of being a manager. What does it mean to be a manager? Being a manager in today\ s dynamic work place provides many challenge.Show MoreRelatedWhy Is It Important For Study International Financial Management?1928 Words   |  8 PagesWhy is it important to study international financial management? In our globalized world, it is crucial for the international companies understand the complexity of the international financial management that shape the size and the rank of each multinational company in a very aggressive competitive market. 2. How is international financial management different from domestic financial management? 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