Management is an essential activity required for the successful functioning of an organization. The following are any four important features of management:
Step 1: Management is Goal-oriented.
Management is always directed towards achieving organizational goals effectively and efficiently. All managerial activities are focused on goal attainment.
Step 2: Management is a Continuous Process.
Management is an ongoing process that includes planning, organizing, staffing, directing, and controlling. These functions are performed continuously.
Step 3: Management is Universal.
Management is required in all types of organizations, whether business, educational, social, or government institutions.
Step 4: Management is a Group Activity.
Management involves coordination of group efforts to achieve common objectives. It cannot be performed individually.