CHARACTERISTICS OF MANAGEMENT
1. Management is good oriented. It achieves the organizational goals by 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 like as planning, organizing, staffing, directing and controlling.
4. Management shows a system of authority -a hierarchy of command and control. Managers at dissimilar levels possess varying degrees of authority.