Question

Arun, a finance manager applies his knowledge in a personalized manner while
taking managerial decisions. Which nature of management is highlighted here.​

Answer 1

Management as a system of authority

Explanation:

• Management as a system of authority is mentioned in the nature of management.
• Managers holds top position in the organisation who takes important managerial decisions after applying their knowledge.
• Managerial decisions should have been taken properly and correctly. This requires well directed line of authority between the delegation of responsibility at every levels of decision-making.
• When the managers take their own decisions after applying their knowledge then there proper balance between managerial decisions and achieving the goals of the organisation.

To know more:

Which nature of management is highlighted here.​

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