Nature of Management

1. Universality:
Management is an universal phenomenon in the sense that it is common and essential element in all enterprises
2. Purposeful:
Management is always aimed at achieving organizational goals and purposes. The success of management is measured by the extent to which the desired objectives are attained
3. Social process
Management essentially involves managing people organized in work groups. It includes retaining, Developing and motivating people at work, as well as taking care of their satisfaction as social beings
4. Coordinating force
Management coordinates the efforts of organization members through orderly arrangement of inter-related activities so as to avoid duplication and overlapping