Management is the process of working with and through others

Asked by admin @ 06/08/2021 in Business Studies viewed by 304 People

Management is the process of working with and through others to effectively achieve organisational objectives by efficiently using limited resources in the changing environment’. In the light of the above statement, explain any four features of management.

Answered by admin @ 06/08/2021

Answer:

The main features which highlight the nature of management are as follows:

(i) Management is a goal oriented process Management always aims at achieving certain specified objectives. It seeks to achieve predetermined objectives through efficient use of human and non-human resources. .

(ii) Management is a continuous process Management is an on-going process. The management functions are simultaneously performed by all managers all the time. It involves continuous handling of problems and issues. Managers identify problems and try to solve them by taking appropriate actions on a regular basis.

(iii) Management is a group activity An organisation is a collection of diverse individuals with different needs. Every member of the group has a different purpose for joining the organisation but as members of the organisation, they work towards fulfilling the common organisational goal. This requires teamwork and coordination of individual efforts in a common direction.

(iv) Management is a dynamic function Every organisation interacts with environment. In order to survive, it is necessary that an organisation must change itself according to the needs of environment

Strategic management process activate in the sequence of

Asked by admin @ 29/08/2021 in Business Studies viewed by 444 persons

Strategic management process activate in the sequence of_______ a. Environmental scanning, Strategy formulation, Implementation, control and evaluationb. Strategy formulation, Environmental scanning, Implementation, control and evaluationc. Environmental scanning, Strategy …

Management is the process of working with and through others

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