Goal oriented Group activity System of authority Social process Universal Levels of management Dynamic concept Distinct feature Intangible Integrated Multi disciplinary Science-Art-Profession

1. Goal oriented
Group activity
System of authority
Social process
Universal
Levels of management
Dynamic concept
Distinct feature
Intangible
Integrated
Multi disciplinary
Science-Art-Profession

2. GOAL ORIENTED
 Management is goal oriented as every organization has
to achieve some specific predetermined goals.
 To achieve goals managers have to formulate,
implement & control plans & programs.
 Goals can be further divided into objectives & then
tasks can be assigned.

3. GROUP ACTIVITY
 To achieve goals & objectives organizations are
connected with group of people.
 Every organization focuses on team work. In a team
there are different types of personnel who have
different knowledge, skill & ability along with
diversified age, gender & religion.
 Organizations maintain unity in diversity and act as a
group to accomplish the tasks.

4. SYSTEM OF AUTHORITY
 Management makes different rules & imposes
authority for the smooth run of the organization.
 It has to maintain proper superior-subordinate & peers
relationship.
 It clearly indicates who is accountable towards whom,
who will perform what activity etc.

5. SOCIAL PROCESS
 Management states getting things done by others. It
involves delegation of authority.
 In order to achieve goals & objectives management has
to direct, coordinate & regulate personnel.
 To get optimum output management makes proper
allocation & utilization of resources which can be done
through social process.

6. MANAGEMENT IS UNIVERSAL &
DYNAMIC
 Management is applicable to all-over the world.
 The organization may be big or small, private or public
undertaking management plays very vital role.
 As a dynamic function management has to change
policies & processes according to change in
environment.

7. ALL LEVELS
 Organization consists of three levels to be managed.
These are:
 Top level
 Middle level
 Lower level

8. DISTINCT ENTITY
 Management is different from activities, processes &
techniques.
 It has to achieve goals & objectives of the organization
by preparing strategy.
 It has to make planning, organizing, staffing, leading &
controlling

9. INTANGIBILITY
 Management means manage men tactically & getting
things done through others which act can not be seen,
but felt only.
 The manager is tangible, but skill of management is
intangible.

10. INTEGRATING FORCE
 Management integrates different functional areas such
as: marketing, finance, production, operation, human
resource, research & development etc.
 It also focuses on different divisions such as: customer,
product, geographic etc.
 It co-ordinates individual efforts into teams.

11. MULTIDISCIPLINARY
 In management knowledge is drawn from several
disciplines like:
 Economics
 Sociology
 Psychology
 Anthropology

12. MANAGEMENT AS A SCIENCE
 Science is the systematic body of knowledge which is
based on observation & experiment.
 It consists of cause-effect relationship.
 It is universal & science predicts.
 Management consists of all these characteristics.

13. MANAGEMENT AS AN ART
 Art is the application of the practical knowledge.
 It focuses on personal skill & creativity.
 It is result oriented & gets perfection through practice.
 Management keeps the characteristics of Art.

14. MANAGEMENT AS A PROFESSION
 Management as a profession applies specialised
knowledge.
 It focuses on formal education & training & associates
with professional organizations.