Characteristics of Management

Characteristics of Management

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  CHARACTERISTIC OF MANAGEMENT presentedby :- Ranjitha.D Ist . M.com UNDER THE GUIDANCE OF:- SUNDAR B.N ASST. PROF & COURSE CO- ORDINATOR POST GRADUATION STUDIES IN COMMERCE G. F . G. C . W FOR HOLENARASIPURA
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  CONTENTS:- Introduction to management Definitionof management Characristics of management This Photo by Unknown author is licensed under CC BY.
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  INTRODUCTION OF MANAGEMENT Managementis the obtained of organizational goals in an effective and efficient manner through planning, organizing , staffing , directing and controlling organizational resources. Organizational resource include men (human beings), money, machines and materials. This Photo by Unknown author is licensed under CC BY.
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  DEFINITION OF MANAGEMENT FREDERICK TAYLOR :- Management as the art of knowing what you to do in the best and cheapest way. HENRY L. SISK.:- Management is the co-ordination of all resources through the process of planning , organizing , directing & controlling in order to attain stated objectives.
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  CHARACTERISTICS OF MANAGEMENT Managementis universal Management is goal oriented process Management is continuous process  Management is intangible process Management is a dynamic function Management is a multi – dimensional Management is group activity Management is social process
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  GOAL ORIENTED :- Managementis always goal oriented. In the first function of management. i.e planning the desired goal of the business is determined. Thereafter , through proper organizing , staffing , directing and controlling the goal are achieved
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   MANAGEMENT OFUNIVERSAL IN CHARACTER:- Management is applicable in all types of organization. The basic principle of management are of universal application & can be applied in all organization whether they are business , social , religious , culture , sports etc... MANAGEMENT IS A CONTINUOUS PROCESS:- Management is a continuous process. I.e Its functions are repeated time & again. Management does not stop anywhere. It is started right from the time of establishment of the business till its dissolution.
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   MANAGEMENT ISINTANGIBLE PROCESS:- Management cannot be touched or seen , its effect can only be experienced & the benefit can only be enjoyed. MANAGEMENT IS DYNAMIC FUNCTION:- Management is a dynamic function, according to changing of inputs the process of management will be also changed. So, management is called dynamic function.
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   MANAGEMENT ISA MULTI – DIMENSIONAL:- Management can be defined as multidisciplinary as because it has many dimensions which can be classified mainly into three categories , such as management of work , management of people &management of operations.  MANAGEMENT IS GROUP ACTIVITY:- Management is an essential part of a group activity. Whenever, there is an organized group of people working towards a common goal, some type of management becomes essential. Management makes the people realise the objectives of the group and directs their effects towards the achivement of these activities. Click to add text
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  MANAGEMENT IS SOCIALPROCESS Management is a social process because management function are basically concerned with relations among the people. It is called a social process since the efforts of human beings have to be directed, coordinated and regulated by management.
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  MCQ 1 . Managementis ______ A) an art. B) Science C) both. D) neither Ans. :- C 2. Which of the following is not a function of management ? A) Planning. B) staffing. C) Co- operation D) Controlling Ans :-. C
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  3 . Whichof the following is not true ? A) management is a social process B) management is universal C) management an art D) management is always Bureaucratic Ans:- D 4. Management is _______ . A) Tangible. B) Intangible. C) Fictitious D) All of the above Ans :- B
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  REFERENCE :-  G.Vedamurthy , Mysuru  https://youtu.be/9mgLXD4KWzs  https://images.app.goo.gl/Wr9Rno ncPFktSt8WA