explain any five features of management.

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Answer

Five Features of Management

1. Goal-oriented

Management is a goal-oriented process that seeks to achieve specific objectives. The goals may be short-term or long-term, and they may be related to profitability, market share, customer satisfaction, employee satisfaction, or any other aspect of the organization's performance. Goals are set through a process of planning and are achieved through a process of implementation and control. Managers must ensure that their actions are aligned with the organization's goals and that they are making progress towards achieving them.

2. Universal

Management is a universal process that is applicable to all types of organizations, whether they are large or small, for-profit or not-for-profit, public or private. The principles of management are the same regardless of the context in which they are applied. The skills required of managers may vary depending on the industry or sector, but the fundamental principles are universal.

3. Continuous

Management is a continuous process that requires ongoing attention and effort. It is not a one-time event but rather a series of activities that must be performed on an ongoing basis. Managers must constantly monitor the organization's performance, identify areas for improvement, and take corrective action when necessary. They must also adapt to changes in the environment and make strategic decisions that position the organization for long-term success.

4. Integrative

Management is an integrative process that brings together various functions and activities within the organization. Managers must coordinate the efforts of different departments and individuals to achieve a common goal. They must also ensure that the organization's resources are used efficiently and effectively.

5. Dynamic

Management is a dynamic process that is constantly evolving. New technologies, changing market conditions, and shifting customer preferences are just a few of the factors that can impact the way organizations are managed. Managers must be able to adapt to these changes and make strategic decisions that position the organization for success.

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