CBSE Class 12 Business Studies 2016 Delhi set 2

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Question : 3
Total: 3
Explain any four characteristics of management.
Solution:  
Characteristics of management are:

(i) Management is all pervasive: Management activities are performed in all type of organisations, in all departments and at all levels.
Management is required for all organisations-big or small, profit making or non profit making, service providing or manufacturing, etc.
(ii) Management is a goal-oriented process: Management is a goal oriented activity. It tries to achieve economic, social and human objectives by proper utilization of resources.
(iii) Management is a continuous process: Management consists of a series of functionsplanning, organizing, staffing, directing and controlling which are simultaneously and continuously performed by all the managers.
(iv) Management is a group activity: Management guides people on how to do the work. It influences the behaviour of all the employees in such a way that the ultimate goals of the organisation can be achieved effectively and efficiently and at the same time, it facilitate the employees to develop and grow.
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