Management is one of the prime subjects in Business Administration. A thesis on Management is very important for an MBA student. Management mainly deals with the effective and optimum management of people and resources. Otherwise, there are many subjects which have management in them. Ex: Marketing Management, Inventory Management, Human Resource Management, etc.
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When managing people Management subject takes some help from Psychology. There are many schools of thought which propogate how to motivate people, how to control people, how to manage people, etc. These concepts are required by the management of an organization to achieve the end result of the organization.
When it comes to management of resources, optimum utilization of resources has to take place in order that the organization gains highest amount of profit with a given investment.
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