Question

Define management. Explain its nature and characteristics.

Answer 1

Answer:

Management is a purposeful activity. It is a tool which helps use of human & physical resources to fulfill the pre-determined goals. ... Management integrates human efforts to those resources. It brings harmony among the human, physical and financial resources. Management is Continuous: Management is an ongoing process.

Answer 2

Answer:

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Explanation:

Nature and Characteristics of Management:

In the business world, good management is the backbone of every organization. ... Nature and Characteristics of management are Goal Oriented, Universal, Integrative Force, Social Process, Multidisciplinary, Continuous Process, Intangible, and Art and Science both.