Question

Explain any three features of management

Answer 1

Three key features of management 

Goal-Oriented: Management is inherently goal-oriented. It aims to achieve specific, predetermined objectives. Every management function, activity, and decision is directed towards the accomplishment of these goals. These goals can be organizational goals (e.g., increasing market share, maximizing profits) or departmental goals (e.g., increasing sales, improving production efficiency). Management provides the direction and framework to ensure that all efforts are aligned and contribute to the overall success of the organization. Without clear goals, management becomes aimless and ineffective.

Pervasive: Management is a pervasive activity, meaning it is required in all types of organizations, regardless of their size, nature, or location. Whether it's a small family business, a large multinational corporation, a non-profit organization, or a government agency, the principles and practices of management are essential for effective operation. Furthermore, management is also required at all levels within an organization, from top-level executives to supervisors and team leaders. The specific functions and responsibilities of management may vary at different levels, but the need for it exists throughout the entire organizational structure.

Continuous Process: Management is not a one-time activity or a discrete set of actions. It is an ongoing and dynamic process that involves a series of interconnected functions that must be performed continuously to achieve organizational goals. These functions include planning, organizing, staffing, directing, and controlling. Managers must constantly monitor the environment, adapt to changing circumstances, and adjust their plans and strategies accordingly. This continuous cycle of planning, implementation, and evaluation ensures that the organization remains aligned with its goals and adapts to evolving challenges and opportunities.