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Goal-oriented process: Management is directed towards achieving predetermined organizational goals. It unites the efforts of different individuals in the organization towards achieving these g

Business/Management

ScanSolve AI Answer

Here are the key features of management:

  • Goal-oriented process: Management is directed towards achieving predetermined organizational goals. It unites the efforts of different individuals in the organization towards achieving these goals.
  • Pervasive: Management is a universal activity, applicable to all types of organizations (business, non-profit, government) and at all levels within an organization (top, middle, operational).
  • Multi-dimensional: Management involves three main dimensions:
    • Management of work: Planning, organizing, and controlling the tasks to be performed.
    • Management of people: Managing individuals and groups to achieve organizational objectives.
    • Management of operations: Integrating work and people to produce goods and services.
  • Continuous process: Management is an ongoing series of functions, including planning, organizing, staffing, directing, and controlling, that are performed continuously.
  • Group activity: Management is a collective effort involving a group of people working together to achieve common objectives. It coordinates the efforts of various individuals.
  • Dynamic function: Management adapts to changes in the business environment (economic, social, political, technological) to ensure the organization's survival and growth.
  • Intangible force: Management cannot be physically seen or touched, but its presence can be felt through the orderliness, efficiency, and achievement of goals within an organization.
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