The Faculty of Management & Social Sciences at the African Open University of Nigeria (AOUN) is dedicated to cultivating leaders, innovators, and changemakers in business, governance, and society. Through flexible, open, and distance learning, we empower students with the knowledge and skills to navigate complex economic, political, and social landscapes.

This is our first unit concerning Management which is one of the courses you have to do to earn your B.Sc. in Accounting, Business Administration, Digital Marketing, Information Resources Management and Entrepreneurship Management at the Faculty of Management & Social Science in AOUN. It is a professional course and the principles are expected to be applied in the running of an organization. The Organization can be a business organization or a non-business organization. This means that the concepts, principles and theories of management are usually brought to bear on an organization so that the defined objectives of the organization can be attained.

 

In this unit, we shall be looking at some definitions of management. Let me quickly point out that there is no one definition of management people give the definition according to their background, their orientation and interest. We shall also look at the nature of management as well as the meaning of management. All these are necessary so that you will have a firm understanding and on a good foundation too of what you are studying. This is important because as a potential manager of a cooperative society or as an existing manager of a cooperative organization, the resources must be properly used. Cooperative resources are usually very limited. Consequently, whoever is saddled with the task of managing a cooperative should be concerned on how the meager resources can be combined to get the desired results?