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Main objective of this text is to provide the readers with general theoretical knowledge from the area of management. The text is intended for first or second year students who study at the Faculty of Economics, VŠB-Technical University of Ostrava, or for foreign students who study at the Faculty of Economics, VŠB-Technical University of Ostrava within Erasmus program. After studying this text the reader should be able to define basic terms, opinions, principles and concepts linked to the management area, define manager and his or her roles, activities and responsibilities, possess the knowledge of management’s historical development, name, characterize and describe all managerial functions – planning, organizing, deciding, personal management and leadership, motivation, control and communication. The reader should also be able to express the essence, function and sense of strategic management and have basic knowledge of ethics, morality, business ethics and organization culture.