Question

State any two characteristics of management.

Hint:

Management ensures coordination of efforts and efficient use of resources to achieve desired results.

Answer 1

Step 1: Understanding Management.
Management is a systematic process of planning, organizing, directing, and controlling an organization’s resources to achieve specific goals efficiently and effectively.
Step 2: Characteristics of Management.
Two key characteristics of management are:
1. Goal-oriented: Management always aims at achieving specific organizational goals and objectives.
2. Universal Process: Management principles are applicable in all types of organizations — business, government, or social.
Step 3: Conclusion.
Thus, management is a goal-driven and universally applicable process designed to coordinate human efforts for achieving success.