What are the characteristics of management, Management Theories

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CHARACTERISTICS OF MANAGEMENT

1. Management is good oriented. It achieves the organizational goals by coordination of the efforts of the personnel.

2. Management works as a catalyst to produce goods using labour, materials and capital.

3. Management is distinct process comprising of functions like as planning, organizing, staffing, directing and controlling.

4. Management shows a system of authority -a hierarchy of command and control. Managers at dissimilar levels possess varying degrees of authority.  

 


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