MANAGEMENT/MINING/

DEFINITIONS

• The organization and coordination of the activities of a business in order to achieve defined objectives.

• Management is often included as a factor of production along with‚ machines, materials, and money. According to the management guru Peter Drucker (1909-2005), the basic task of management includes both marketing and innovation. Practice of modern management originates from the 16th century study of low-efficiency and failures of certain enterprises, conducted by the English statesman Sir Thomas More (1478-1535).

MANAGEMENT TO CONSIST OF SIX FUNCTIONS

• 1. Forecasting

• 2. Planning

• 3. Organizing

• 4. Commanding

• 5. Coordinating

• 6. Controlling

PROFESSIONS OF MANAGEMENT

• Marketing management

• Finance management

• Production management

• Human resource management

• Mining management

• Telecommunication management

• Bank management ., etc

MANAGER LEVELS

• Top level manager/CEO/

• The top consists of the board of directors (including non-executive directors and executive directors), president, vice-president, CEOs and other members of the C-levelexecutives. They are responsible for controlling and overseeing the entire organization

MANAGER LEVELS

• Middle-level managers

• Consist of general managers, branch managers and department managers. They are accountable to the top management for their department's function. They devote more time to organizational and directional functions.

MANAGER LEVEL

• First-level managers

• Consist of supervisors, section leaders, foremen, etc. They focus on controlling and directing. They usually have the responsibility of assigning employees tasks, guiding and supervising employees on day-to-day activities, ensuring quality and quantity production, making recommendations, suggestions, and up channeling employee problems, etc.

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