Scribd Logo
Upload

Welcome to Scribd!

  • 16 views

    4 - P Approaches To Management

    Uploaded by

    Gaurav Srivastava
    The 4-P approach to management states that management is a function of people, profit, productivity, and public responsibility. It views an organization's management as being dependent on these four factors, with people being the most important resource as the only living input. Profit refers to efficient operations and goal achievement for organizational survival. Productivity involves transforming inputs through management functions into outputs. Public responsibility addresses meeting consumer and community demands by utilizing societal resources and frameworks.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd

    4 - P Approaches To Management

    Uploaded by

    Gaurav Srivastava
    16 views9 pages
    The 4-P approach to management states that management is a function of people, profit, productivity, and public responsibility. It views an organization's management as being dependent on these four factors, with people being the most important resource as the only living input. Profit refers to efficient operations and goal achievement for organizational survival. Productivity involves transforming inputs through management functions into outputs. Public responsibility addresses meeting consumer and community demands by utilizing societal resources and frameworks.

    Original Description:

    MNGT

    Original Title

    4- P Approaches to Management

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    PPTX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    The 4-P approach to management states that management is a function of people, profit, productivity, and public responsibility. It views an organization's management as being dependent on these four factors, with people being the most important resource as the only living input. Profit refers to efficient operations and goal achievement for organizational survival. Productivity involves transforming inputs through management functions into outputs. Public responsibility addresses meeting consumer and community demands by utilizing societal resources and frameworks.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    16 views9 pages

    4 - P Approaches To Management

    Uploaded by

    Gaurav Srivastava
    The 4-P approach to management states that management is a function of people, profit, productivity, and public responsibility. It views an organization's management as being dependent on these four factors, with people being the most important resource as the only living input. Profit refers to efficient operations and goal achievement for organizational survival. Productivity involves transforming inputs through management functions into outputs. Public responsibility addresses meeting consumer and community demands by utilizing societal resources and frameworks.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 9

    4-P

    APPROACH

    TO

    MANAGEMENT

    Group 5
    SOURCE- PRINCIPLES & PRACTICE OF MANAGEMENT BY P. K. AGARWAL (A PRAGATI EDITION)

    Approaches to Management
    As the concept of management states , the

    management is effective & efficient utilization of resources. The approach to management tries to identify the relationship of management with other resources. Basically there are two types of approaches to management.

    4- M approach to management

    4- P approach to management

    4- P Approach to Management

    4 P approach to management states that the management is the function of People, Profit, Productivity & Public responsibility or social responsibility.

    4- P approach to Management
    M= f ( P, P, P ,P)

    People

    Profit

    4P

    Productivity

    Public Responsibility

    PEOPLE
    Important input of an organization. Only resources which living while all

    are dead resources.


    Opportunity for meeting a good deal.

    Fulfill the physiological and

    psychological needs.

    PROFIT
    Refers to the efficient operation. Refers to the achievement of

    goals.
    Refers the survival of the

    organization.

    PRODUCTIVITY
    Process of transformation of input into

    output.
    Comprising Inputs. Comprising Management function. Comprising Output.

    PUBILC RESPONSIBILITY
    Refers the demand of the consumers. Refers the state and & the Community. It uses community resources. Has to work with the framework

    provided by the society.

    Thank You

    You might also like

    pFad - Phonifier reborn

    Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

    Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


    Alternative Proxies:

    Alternative Proxy

    pFad Proxy

    pFad v3 Proxy

    pFad v4 Proxy