This topic is the basic of business management.

1. Management- Meaning, Characteristics,
Importance, Nature, Functions
By:
Sakshi
Business
Management &
Human Resource
Management
Class- 1 (In
Hindi) Class : 12, BBA, MBA ,
M.com, UGC-NTA NET

2. Management- Meaning, Characteristics,
Importance and Objectives
Management is the practise of managing people and
tasks in an efficient and effective manner by employing
the appropriate strategies and procedures. It is a
continuous process that includes a number of activities
such as planning, organising, staffing, directing, and
controlling.

3. Management- Meaning, Characteristics,
Importance and Objectives

4. Management- Meaning, Characteristics,
Importance and Objectives
Management, has therefore, beendefined as a process of getting
things done withthe aimof achievinggoalseffectivelyand
efficiently.
Process Effectively Efficiently

5. Management- Meaning, Characteristics,
Importance and Objectives
Efficiency in management means
performingactivitieswiththe
minimum wastage of resources
whichalso refersto optimum
utilization of resources so that the
organisation can maximize the
profit.
Effectiveness in management refers
to the capabilityof the management
to achieve the desiredtargets in the
specifiedtime. It is concerned with
doingwhat is right or what should
be done.

6. Management- Meaning, Characteristics,
Importance and Objectives
Characteristics
Goal-
oriented
process
All pervasive
in nature
Multi-
dimensional
Continuous
Process
Group
Activity
Dynamic
Function

7. Management- Meaning, Characteristics,
Importance and Objectives
Social
Objectives
Personnel Objectives
Organisational
Objectives

8. Management- Meaning, Characteristics,
Importance and Objectives
Management helps in achieving
group goals
Management increases efficiency
Management creates a dynamic
organisation
Management helps in achieving
personal objectives

9. Management- Meaning, Characteristics,
Importance and Objectives
Top Level Management
MiddleLevel Management
LowLevelManagement
These top level managers are responsible for the welfare and
survival of the organisation. They analyse the business
environment and its implications for the survival of the firm.
It is the link between top and lower level managers. They
are subordinate to top managers and superior to the first
line managers.
Foremen and supervisors comprise the lower
level in the hierarchy of the organisation.
Supervisors directly oversee the efforts of the
workforce. Their authority and responsibility is
limited according to the plans drawn by the top
management.

10. Styles of Manager
01
Alsoknownasliassez
freestyle
Classic Leadership
Style
02
Autocratic
Leadership Style
03
Democratic
Leadership Style
04
Entrepreneurial
Leadership Style
Completecontrolover
employees
Combinationof both
classicandautocratic
style
Ownershiporientation