Business Studies, asked by dineshsurya, 1 year ago

Explain the characteristics of Management.

Answers

Answered by luckiest1
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Answered by sam827143
1

Answer:

Explanation:

Characteristics of Management. Universal: All the organizations, whether it is profit-making or not, they require management, for managing their activities. ... Goal Oriented: Every organization is set up with a predetermined objective and management helps in reaching those goals timely, and smoothly.

Definition: 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

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