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The Traits Of Enterprise Administration
The Traits Of Enterprise Administration

The Traits Of Enterprise Administration

All activities performed by a manger to get things done by means of others are known as management. In other words, management is to handle human and other resources tactfully for the achievement of organizational goals. It's common in all organized activities. It is an train of harmonizing men, cash, machines, materials and methods towards fulfilling the defined objectives.

Check our list of traits of enterprise management

Goal oriented

Every organization is established for a selected objective. Management is an instrument or system that contributes for the efficient use of human and other resources to achieve predetermined objectives. The main objective of business management is to maximise productivity with optimum use of human effort.

Universal activity

Management is essential where human activity exists. The process of enterprise administration could also be different from organization to group but the basic principles of management are same. It may be said that the administration ideas are universally applicable.

Social process

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

Dynamic/modifiable activity

Management is a dynamic and continuous process. The management system of right now is probably not applicable or effective for tomorrow. Subsequently, administration have to be dynamic and flexible with the changing surroundings of the society. Management has to modify its model according to the time and situation. This flexibility is essential for a company to adjust with the changing atmosphere of the business.

Group activity

The concept of business management just isn't applicable if there is only one particular person or proprietor. It represents a workforce, class or section of people concerned in various managerial functions. It's essential if there's a group of people involved in performing any activity to achieve widespread goals. Administration defines the creatority, responsibility and procedures to perform particular work.

Distinct process

Administration as a process entails various types of functions. One perform of management is interrelated with one other function. The administration clearly defines the specific 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 is experimentally proved. Similarly, art is the personal skill and ability to apply the scientific principles. Administration is both science and art. It is a science because it is based on some basic rules of universal application. It's also an artwork because skill and ability is required for performing managerial functions.

A profession

Profession includes the particular type of work, adopted by special knowledge and education. With the development of joint stock firms and multinational corporations the ownership and administration has been different. Management of big organizations has been entrusted within the arms of professionals having specific skill and knowledge.

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