Question

Explain any five characteristics of management.

Answer 1

Following are the characteristics of management:
a. Management is a goal-oriented process which unites the efforts of different individuals in the organization towards achieving these goals.
b. Management is all pervasive as the activities involved in managing an enterprise are common to all organizations whether economic, social or political.
c. Management is multidimensional as it is a complex activity that has three dimensions: Management of work, Management of people, Management of operations.
d. Management is a process consisting of continuous, composite, but separate functions.
e. Management is a group activity which ensures team work and coordination of individual effort in a common direction.