Nature and Significance of

Management
Part - 2

Characteristics of Management

@Tutelage, All Tim

(1). Management is goal-oriented process:
An organization has a set of basic goals which are the basic reason for its
existence.

(2). Management is all pervasive :

The activities involved in managing an enterprise are common to all organizations
whether economic, social or political.

(3). Management is multidimensional :

(a). Management of work (b). Management of people
(c). Management of operations.

(4). Management is a continuous process:

The process of management is a series of functions and performed by all managers all
the time.

(5). Management is a group activity :

An organization is collection of individuals with different need but they work towards
fulfilling the common organizational goal.

@Tutelage, All Tim

(6). Management is a dynamic function :
It has to adapt itself to the changing environment which consists of various
social, economic and political factors.

(7). Management is an intangible force :

It is force that can not be seen but its presence can be felt in the way the organization
functions.
Where targets are met according to plans, employees are happy and satisfied and there is
orderliness instead of chaos.

@Tutelage, All Tim

 Our next topic will be :
<<Importance of Management >>

Thank for watching

@Tutelage, All Tim