What are the characteristics of management?

Answer

Answer-

1.Profession-

It is a profession because it has a systematic body ,principles and procedures that aims at achieving stipulated objectives .

2.Economic function -

Management function is an economic function as it aims at earning profitable returns .

3.Attaining objectives -

Management aims at achieving high outcomes and results ,these results cam be measured in terms of money.

4.Authority -

Management is based on sytem of authority wherein the manager is empowered and acts in pre arranged fashion

5.Decision making-

It is the central to management 

It is made with regard to various operational and organisational dimensions.

6.Inter diciplinary -

It draws thoughts from maths ,science,arts etc

7.Intangible -

It cannot be seen ,touched or feel.

It can only be seen through results eg-increase in profit /goodwill etc .

All management Questions

Ask your interview questions on management

Write Your comment or Questions if you want the answers on management from management Experts
Name* :
Email Id* :
Mob no* :
Question
Or
Comment* :
 





Disclimer: PCDS.CO.IN not responsible for any content, information, data or any feature of website. If you are using this website then its your own responsibility to understand the content of the website

--------- Tutorials ---