Precisely, all the functions, activities and processes of the organization are interconnected to one another.
Dynamic function: An organization exists in a business environment that has various factors like social, political, legal, technological and economic.It requires supervision, teamwork and coordination, and in this way, management comes into the picture. Every person joins the organization with a different motive, but after becoming a part of the organization they work for achieving the same goal. Group activity: An organization consists of various members who have different needs, expectations and beliefs.Multi-dimensional: Management is not confined to the administration of people only, but it also manages work, processes and operations, which makes it a multi-disciplinary activity.It is required in every sphere of the organization whether it is production, human resource, finance or marketing.
Continuous Process: It is an ongoing process which tends to persist as long as the organization exists.Goal-Oriented: Every organization is set up with a predetermined objective and management helps in reaching those goals timely, and smoothly.Universal: All the organizations, whether it is profit-making or not, they require management, for managing their activities.