All activities performed by a manger to get things finished by means of others are known as management. In different words, administration is to manage human and other resources tactfully for the achievement of organizational goals. It is universal in all organized activities. It is an exercise of harmonizing men, cash, machines, materials and methods towards fulfilling the defined objectives.

Check our list of characteristics of enterprise management

Goal oriented

Each organization is established for a particular objective. Administration is an instrument or system that contributes for the efficient use of human and other resources to achieve predetermined objectives. The primary objective of enterprise administration is to maximise productivity with optimum use of human effort.

Common activity

Administration is essential where human activity exists. The process of enterprise management may be different from group to group however the primary rules of administration are same. It may be said that the management ideas are universally applicable.

Social process

Business administration is a part of social process. Administration achieves its goals by, with, and thru the people. It utilizes human resources for the achievement of organizational goals. Management has to consider not only the organizational objectives but additionally the social objectives. It has to fulfill the wants of employees within the organizational resources.

Dynamic/modifiable activity

Administration is a dynamic and continuous process. The management system of right this moment may not be applicable or effective for tomorrow. Subsequently, administration must be dynamic and flexible with the changing atmosphere of the society. Management has to modify its type according to the time and situation. This flexibility is essential for a corporation to adjust with the changing atmosphere of the business.

Group activity

The idea of business management shouldn’t be applicable if there may be only one individual or proprietor. It represents a team, class or section of people involved in numerous managerial functions. It’s essential if there is a group of individuals involved in performing any activity to achieve frequent goals. Administration defines the creatority, responsibility and procedures to perform particular work.

Distinct process

Administration as a process involves varied types of functions. One perform of management is interrelated with another function. The management clearly defines the precise process of work to achieve predetermined goal. It does not consider the trial and error approach.

Each science and art

Science is a systematized body of knowledge, principal or reality that’s experimentally proved. Similarly, artwork is the personal skill and ability to use the scientific principles. Administration is each science and art. It’s a science because it is based on some primary rules of universal application. It is also an art because skill and ability is required for performing managerial functions.

A profession

Profession entails the particular type of work, adopted by particular knowledge and education. With the development of joint stock corporations and multinational companies the ownership and administration has been different. Administration of giant organizations has been entrusted within the fingers of professionals having particular skill and knowledge.

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