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  • PPM (Features of Management)

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    Nitin verma
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    Management draws from multiple disciplines like psychology, sociology, economics and statistics. Its principles are dynamic and relative to the situation rather than absolute. Management involves both science, through analytical principles, and art, through human relations skills. While some view management as a true profession, its universal applicability across fields means it must be tailored to each specific situation.

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    PPm (Features of Management)

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    Management draws from multiple disciplines like psychology, sociology, economics and statistics. Its principles are dynamic and relative to the situation rather than absolute. Management involves both science, through analytical principles, and art, through human relations skills. While some view management as a true profession, its universal applicability across fields means it must be tailored to each specific situation.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    9 views10 pages

    PPM (Features of Management)

    Uploaded by

    Nitin verma
    Management draws from multiple disciplines like psychology, sociology, economics and statistics. Its principles are dynamic and relative to the situation rather than absolute. Management involves both science, through analytical principles, and art, through human relations skills. While some view management as a true profession, its universal applicability across fields means it must be tailored to each specific situation.

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    © All Rights Reserved
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    of 10

    Characteristics of

    Management
    Characteristics of management
    • Multidisciplinary
    • Dynamic nature of Principles
    • Relative, Not absolute Principles
    • Management: Science or Art
    • Management as profession
    • Universality of management
    • Management is a Situational in Nature
    Multidisciplinary
    • Psychology
    • Sociology
    • Mathematics
    • Economics
    • Statistics
    • Anthropology
    Dynamic nature of Principles
    • Management functions are dynamic in nature and ever
    changing according to the need of hour and the contingent
    situations.
    Relative, Not absolute Principles
    • Management principles are relative, not absolute, and
    they should be applied according to the need of the
    organization. A particular management principle has
    different strengths in different conditions. Therefore,
    principles should be applied according to the prevailing
    conditions.
    Management: Science or Art
    • Management is both – science and art
    Management as profession
    • Management has been regarded as a profession by many while
    many have suggested that it has not achieved the status of a
    profession
    Universality of management
    • Management is a universal phenomenon
    Management is a Situational in Nature
    • In each field of life
    References-
    • Gupta, C. B. Management concept & practices. New Delhi:
    Sultan Chand & Sons.
    • Stoner, J. A. F., Freeman, R. E. & Gilbert, J. D. R.
    Management. New Delhi: Prentice Hall of India

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