Define Management & Its Features
Management defined as all the activities and tasks undertaken for archiving goals by continuous activities like; planning, organizing, leading, and controlling.
Or
Management is “the art of getting things done through people”.
Or
Management can be defined as the process of administering and controlling the affairs of the organization, irrespective of its nature, type, structure and size. It is an act of creating and maintaining such a business environment wherein the members of the organization can work together, and achieve business objectives efficiently and effectively.
Define Management & Its Features
Functions of Management:
- Planning
- Organizing
- Coordinating
- Controlling
Features of Management
- Management is Associated with Group Efforts
- Management is Purposeful
- Management is Accomplished Through the Efforts of Others
- Management is Goal-oriented
- Management is Intangible
- Management is Indispensable-can neither be replaced nor substituted by anything else
- Management is an art as well as Science.
- Management is a Continuous Process.
- Management Aims at Maximising Profit.
- Management is a Profession.
- Management is Needed at All Levels.
- Management is Universal.
Conclusion
Management acts as a guide to a group of people working in the organization and coordinating their efforts, towards the attainment of the common objective.
