The activities involved in managing an enterprise are common to all organisations, whether economic, social or political.
Which characteristic of management is highlighted in this statement?
Answer & explanation
Correct answer: option 4
The correct answer is option (4)- Management is all pervasive.
The characteristic of management highlighted in the given statement is Management is all pervasive.
* Management is all pervasive: The activities involved in managing an enterprise are common to all organisations whether economic, social or political. A petrol pump needs to be managed as much as a hospital or a school. What managers do in India, the USA, Germany or Japan is the same. How they do it may be quite different. This difference is due to the differences in culture, tradition and history. .
OTHER OPTIONS
- Management is multidimensional: Management is a complex activity and involves three dimensions namely. Management of work, Management of people (and) Management of operations.
- Management is a continuous process : Management consists of a series of functions like planning, organising, staffing and controlling which are continuous and composite in nature. These functions are simultaneously performed by all managers all the time, Hence, management is considered a continuous process.
- Management is a dynamic function: Every organisation works in an environment which keeps on changing. The external environment which consists of various social, economic and political factors keep changing. In order to be successful, an organisation must change itself and its goals according to the needs of the environment.