Management of people implies to make people work towards achieving the organisation’s goals, by making their strengths effective and their weaknesses irrelevant. Managing people has two dimensions (i) it implies dealing with employees as individuals with diverse needs and behaviour; (ii) it also means dealing with individuals as a group of people. 

The objective of method study is to find out one best way of doing the job. There are various methods of doing the job. To determine the best way there are several parameters. Right from procurement of raw materials till the final product is delivered to the customer every activity is part of method study.

Political environment includes political conditions such as general stability and peace in the country and the attitude of elected government towards business.  

Policies are general statements that guide thinking or channelize energies towards a particular direction. Policies provide a basis for interpreting strategy which is usually stated in general terms.

Authority refers to the right of an individual to command his subordinates and to take action within the scope of his position. Authority also refers the right to take decision-related to management and tell people what to do and what not to.