Q1. Write a note on the characteristics of Management.
INTRODUCTION
A central organ or agency is required to co-ordinate the activities and efforts of the various individual working together in an organisation so that they can work collectively as a team such an organ is called management. The term management conveys different meaning depending upon the contest in which it is used.
Management is applicable everywhere and has become the key to success in the modern organisation. Every organisation requires making of decision, coordination of activities, handling of people and control of operation directed towards its objectives, management helps organisation in that activities.
DEFINITION OF MANAGEMENT
It is very difficult to give a precise definition of the term