The planned efforts or set of such efforts for achievement of targets is known as Management. Management is a series of inter-related, interdependent functions. This is known as Process of Management. Management process consists of a number of functions, but the primary functions commonly performed are planning, organising, staffing, directing and controlling.
Characteristics of Management Process:
1. Management is a process of continuous and dynamic functions.
2. All the functions of management are performed by managers. Therefore, it is a human process.
3. The process of management basically depends on mutual relationship between people. Thus, it’s a social process.
4. Management makes attempts to achieve goals through its effect. Thus, it is an effective and result-oriented process.
5. This process of achieving goals is applicable from individuals to all big-small business and non-business organisations. Therefore, it is a universal process.
