Question

Management is universal. Justify this statement.

Answer 1

Answer:

Management is a universal phenomenon in the sense that it is a common and essential element in all enterprises. Every group effort requires setting objectives, making plans, handling people, co-coordinating and controlling activities, achieving goals and evaluating performance directed towards organizational goals.

Answer 2

Answer:

Management is a universal phenomenon in the sense that it is a common and essential element in all enterprises. Every group effort requires setting objectives, making plans, handling people, co-coordinating and controlling activities, achieving goals and evaluating performance directed towards organizational goals. These activities relate to the utilization of 4 types of inputs or resources from the environment—human, monetary, physical, and informational.