Identify a combination of facts that are true of the concept of management.

(A) It is goal directed and promotes efficiency in the economy

(B) It is an internal feeling, urge and is a complex process

(C) It leads to duplication of work and it can be positive and negative too

(D) It helps to reduce employee turnover and it increases inflexibility in working

Choose the correct answer from the options given below :

(A) and (B)

The correct answer is option (2) : (A) and (B)

Characteristics

They key features of management are : (i) goal oriented process (ii) all pervasive (iii) multidimensional (iv) continuous process (v) group activity (vi) dynamic function (vii) tangible force.

Importance

Management is important because it helps in achieving group goals, increase efficiency, creates a dynamic organisation, helps achieve personal objectives and contributes to the development of society.

Option C and D are false statements.