It becomes necessary for the workers to have a leader, to whom they can consult for the guidance. Hence,…, Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Click to share on Pinterest (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to share on Pocket (Opens in new window). Get an answer for 'Explain the nature of management functions and their importance at different levels of management.' Nature and Characteristics of Management – Goal-oriented, Universal, Integrative Force, Social Process, Multidisciplinary, Continuous Process, Intangible, and Art as well as Science. 3 0 obj It is a tool which helps use of human & physical resources to fulfill the pre-determined goals. Thus, management is a pervasive activity. It is the pervasiveness of human element which gives management its special character as a social process”. The Nature of Management The salient features which highlight the nature of management is as follows: Universal Process Factor of Production Goal-Oriented Supreme in Thought and Action Group Activity Dynamic Function Social Science Important Organ of Society System of Authority Profession Process Lets, explain each one; Universal Process Wherever there is human activity, there is On the basis of these characteristics, management may be defined as a continuous social process involving the coordination of human and material resources in order to accomplish desired objectives. According to Appley, “Management is the development of people not the direction of things. <> <> So he should accept the problems, should appreciate the workers for the work done by them. This is for you, A case study with an essay about Drunk Driving, उद्यमी पारिस्थितिकी तंत्र (Entrepreneurial ecosystem Hindi), 10 प्रभावी संचार के सिद्धांत (Communication principles Hindi), 5 संचार के प्रकार (Communication types Hindi), 8 प्रभावी संचार के तत्व (Communication elements Hindi), Financial Services: Meaning, Features, and Scope, तकनीकी पर्यावरण (Technological Environment) क्या है? <>stream The fundamental principles of management are applicable in all areas of organized effort. Because, Anything you want to learn is here in ilearnlot. Why are you here? |3 ��V����a/�;0� Q��H�4O��(P�݁:qpE3C����ѢEn�UALAx��`�*h ��(}���4h{r��D�Ku��/��R�A��i�f"�;0�Ep�Rn� u���;H�9�x2�]Ш�I��i � ��4 x3�u�X]�@�k1P�^'� �H# Nature Of OrganizationWhat is an organization?An organization is a collection of people who work together and coordinate their actions to achieve a wide variety of goals 2 3. One must help the worker to solve their problems. @D�#xg� ��_O�I~�T� 3�� ����F��'�ǜ6C�+Iv$ ��47D�%�S��8R ���0�;�����h"A)@s���[2�-`cz���zj�������24-���P�"��.�D��q"H'p�O�# �N�*���@Sk"�6��f�Ѩ ��XB���j0*h��P�s�s�@��M�CZDG�X� CO�V`�O�����B�0+h@�H��i�+�B+J���Œlص����4|D`m�%DO��q��Ь��h��-�"��~0J}�� �@�|pz�+ ���O�P ���Af�A�^�J�;�.�2� ޑk��~c�A�+��'j������e�_��I����\&��9�/n�THJ4����"��Ph0�� So, what we discussing is –  The Topic is Nature and Characteristics of Management. Nature of Management / 5 Motivation:- In a well organization unforeseen problems are created. The nature Of management. endobj So, what we discussing is –  The Topic is Nature and Characteristics of Management. 5 0 obj Nature of Planning. Download revision notes for Nature and Significance of Management class 12 Notes Business Studies and score high in exams. Are Entrepreneurs Made or Born! endobj As the unifying force, management creates a whole that is more than the sum of individual parts. A good manager is a leader, not a boss. The manager is the leader for them. Create Articles; Search for: Search. Nature of Management: Human needs are largely satisfied through economic activities of organized groups and associations. It cannot be seen but its presence can be felt everywhere in the form of results. What is Management? Management is a dynamic and on-going process. Managers at all levels perform the same basic functions. Management has no justification to exist without goals. Nature of management can be highlighted as: - i) Management is Goal-Oriented: The success of any management activity is accessed by its achievement of the predetermined goals or objective. Grade-XII Business Organization & Office Management 01-NATURE OF MANAGEMENTConcept of Management: Management is a universal talk of every work of life. Write Basic Nature and Characteristics of Management? WHAT IS STRATEGIC MANAGEMENT 4 0 obj The factor of Production: Equipped and experienced managers are necessary for the utilisation of funds and labour. Nature Of OrganizationFormal & Informal Organization:Formal organization characterized by intentional structure … Nature and Scope of Strategic Management. The essence of management lies in the coordination of individual efforts into a team. It is a means to achieve certain goals. However, the managers who perform the functions of management are very much tangible and visible. The Nature of Leadership An essential part of management is co-ordinating the activities of people and guiding their efforts towards the goals and objectives of the organisation. The contribution of Planning to the Attainment of Objectives It is pervasiveness, and; The efficiency of resulting plans. The human factor is the most important element in management. <> It is a social process because it is concerned with interpersonal relations.

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