Management is described as a structure, process and set of instructions, which allow the effecting planning, sustenance, and operation of an organisation by implementing an active and effective approach with the aim to accomplish a particular task. It is the essential factor which facilitates an organisation’s success and development. Ideally, when discussing management, the key factor to consider in an organisation is the presence of quality managers. Their responsibility is to arrange, administer and sustain a quality process for running an organisationThe basic process of running an organisation has four elements that include planning, organizing, leading and controlling. Planning is a prerequisite for conducting a business operation. It defines the actual process of conducting a business as well as arranging the available resource, distribution of products, services, and responsibilities, and scheduling of tasks (Rackoff, Wiseman, and Ullrich, 1985 p.285).The process also involves organisation of the functionalities, resources, and coordination of an organisation’s operations. The other one is the leading process can motivate employees to dedicate their efforts to the organisational activities. The last one is the controlling process can ensure the aforementioned process can be carried out smoothly towards the pre-set objectives. The paper will discuss the key principles of management that include the concept of management and the process of managing an organisation. The essay will also explore the different types and levels of management within an organisation by focusing on the three levels of management namely top-level, middle and first managers. Additionally, the paper will discuss the role and impact of management within an organisation. These roles include interpersonal, decisional and informational roles. Since productivity and motivation of workers is an important factor to business survival, the essay will conclude by providing a discussion of Theory X and Y as proposed by McGregor. [Show Less]