Findings of a study that explored the extent of knowledge and use of school-based management concepts by faculty, graduate students, and school administrators are presented in this paper. Nationwide data were obtained from surveys that were returned by 63 professors of educational administration, 82 principals, and 216 graduate students in educational administration. Findings indicate that all three groups have different perceptions of school-based management, particularly misconceptions about the supporting research base and participants. Each group had limited information, but each agreed that school-based management is not a passing fad. Ten tables are included. (65 references) (LMI)