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Q.Write any four features of management in detail.

Punjab PsebPSEB Punjab Class 12 (Commerce) 2025Subjective· 4mImportance★★★★★
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Management is a goal-oriented, all-pervasive, multidimensional and continuous process.

Four features (characteristics) of management:

  1. Goal-oriented process — Management exists to achieve the specific goals of the organisation; all managerial activity is directed at reaching these pre-decided objectives.

  2. All-pervasive (universal) — Management is required in every type of organisation — economic, social or political, large or small — and in every country; its basic functions are performed everywhere.

  3. Multidimensional — Management is complex and involves three dimensions: management of work (tasks and goals), management of people (employees) and management of operations (the processes that convert inputs into outputs).

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