Define Management and mention any four characteristics of management.

Here are the solutions to the questions from the exam paper:

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Group - A

(Short answer questions)

1. Define Management and mention any four characteristics of management.

• Management is the process of planning, organizing, leading, and controlling an organization's resources to achieve its goals effectively and efficiently. It involves coordinating various resources to accomplish objectives.
• Four characteristics of management are:
  • Goal-oriented: Aims to achieve predetermined organizational objectives.
  • Pervasive: Required at all levels and in all types of organizations.
  • Continuous process: An ongoing activity, not a one-time event.
  • Group activity: Involves coordinating the efforts of a group of people