Management is a mechanism to prepare, determine, coordinate, direct, inspire, and control a managing human, social, physical, and knowledge capital to accomplish its objectives efficiently and effectively. Definitions of Management by authors and experts F.W Taylor- "Management is an art of knowing what is to be done & seeing that it is done in the best possible manner." Henri Fayol- "Management is to forecast, to plan, to organize, to command, to coordinate & control activities of others."