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Nature And Significance Of Management

Question
CBSEENBS12003505

State any two characteristics of management.

Solution
(i) Management is a Goal Oriented Process: No goal in the hand-no need of management.In other words, we need management when we have some goals to be achieved. A manageron the basis of his knowledge and experience tries to achieve the goals which are alreadydecided. Hence, nothing is wrong to say that management is a goal oriented process.

(ii) Management is all Pervasive: Anything minus management is nothing or zero. Here, byanything we mean all types of activities-business and non-business. If we deductmanagement out of these activities, the result will be failure or zero. It means management isnecessary to conduct any type of activities. Hence, it is pervasive or universal.