Characteristics of management:
1. Management is good oriented. It achieves the organizational goals through 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 such as planning, organizing, staffing, directing and controlling.
4. Management represents a system of authority -a hierarchy of command and control. Managers at different levels possess varying degrees of authority.
5. Management is a unifying force. It integrates human and other resources to achieve the desired objectives.
6. Management harmonises the individual's goals with the organizational goals to minimize conflicts in the organization.
7. Management is a multi disciplinary subject. It grew taking the help of subjects such as Engineering, Psychology, Sociology, Anthropology, Operations research etc.
8. Management is universal in character. The principles and techniques of management are equally applicable in the fields of business, industry, education, government, army, hospitals etc.