DEFINE MANAGEMENT,COMPONENTS,CHARACTERISTICS & FEATURES OF MANAGEMENT.(PART - 01)

Management is the process of planning, organizing, leading, and controlling resources, including human, financial, and material, to achieve organizational goals efficiently and effectively.
Components of Management
Planning: Setting objectives and determining the best course of action to achieve them.
Organizing: Arranging resources and tasks to implement the plans.
Leading: Guiding and motivating employees to meet the organization's objectives.
Controlling: Monitoring and evaluating the progress towards the goals and making necessary adjustments.
Characteristics of Management
Goal-Oriented: Management focuses on achieving specific organizational goals.
Pervasive: Management is applicable to all types of organizations and at all levels.
Dynamic: Management practices evolve with changes in the environment and organizational needs.
Multidisciplinary: Incorporates knowledge and techniques from various fields such as economics, sociology, psychology, and engineering.
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