Question

Write short notes of the following.

Features of management

Answer 1

The following are the some of the features of management:
i. Goal-oriented: Management consolidates the efforts of various individuals in an organisation for the achievement of the common goals of the organisation.

ii. Continuous: Various functions of management (such as planning, organising, directing, staffing and controlling) are performed simultaneously and continuously by the managers at all levels.

iii. Dynamic: Every organisation operates in a dynamic environment. Factors such as government policies, competitors’ policies, consumers’ tastes and preferences vary widely. Thus, management must aim at adapting to various changes in the external forces for the pursuit of the organisation’s goals.

iv. Group activity: Every Individuals in an organisation work together as a part of the same group for the fulfillment of the common goals of the organisation. But management must ensure the individual growth and development of each member of the organisation.