Question

State any four characteristics of management. 

Answer 1

Following are the four characteristics of management:

1. Goal-Oriented Process: Management is concerned with achieving particular corporate objectives. In order to achieve these objectives effectively and efficiently, coordination of efforts is required.
2. Pervasive: Management is necessary in many kinds of organizations, including non-profits, government agencies, and businesses. It holds true for all organizational levels and divisions. 
3. Process Continuous: Management is a lifelong effort. It involves ongoing organizing, directing, managing, and planning to guarantee that organizational goals are fulfilled.
4. Dynamic Function: Management adjusts tactics to stay effective in response to shifts in the corporate environment, whether they are social, technological, or economic.