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The Characteristics of Business Administration
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All activities performed by a manger to get things performed through others are known as management. In different words, administration is to manage human and different resources tactfully for the achievement of organizational goals. It is universal in all organized activities. It’s an train of harmonizing males, cash, machines, materials and methods towards fulfilling the defined objectives.

Check our list of traits of enterprise administration

Goal oriented

Each organization is established for a particular objective. Administration is an instrument or system that contributes for the efficient use of human and other resources to achieve predetermined objectives. The principle goal 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 business management may be completely different from group to organization but the basic ideas of administration are same. It can be said that the administration principles are universally applicable.

Social process

Business administration is a part of social process. Administration achieves its targets by, with, and thru the people. It utilizes human resources for the achievement of organizational goals. Administration has to consider not only the organizational objectives but additionally the social objectives. It has to fulfill the needs of workers within the organizational resources.

Dynamic/modifiable activity

Management is a dynamic and steady process. The management system of at this time is probably not applicable or effective for tomorrow. Therefore, management have to be dynamic and flexible with the altering setting of the society. Management has to switch its model according to the time and situation. This flexibility is essential for a corporation to adjust with the changing surroundings of the business.

Group activity

The concept of enterprise administration is just not applicable if there may be only one individual or proprietor. It represents a group, class or section of people concerned in various managerial functions. It’s essential if there’s a group of individuals involved in performing any activity to achieve widespread goals. Management defines the creatority, responsibility and procedures to perform specific work.

Distinct process

Administration as a process includes various types of functions. One perform of administration is interrelated with one other function. The management clearly defines the specific process of work to achieve predetermined goal. It does not consider the trial and error approach.

Both science and art

Science is a systematized body of knowledge, principal or truth that’s experimentally proved. Similarly, artwork is the personal skill and ability to apply the scientific principles. Management is both science and art. It is a science because it relies on some fundamental rules of common application. It is usually an artwork because skill and ability is required for performing managerial functions.

A profession

Profession involves the specific type of work, adopted by particular knowledge and education. With the development of joint stock companies and multinational companies the ownership and administration has been different. Management of huge organizations has been entrusted within the hands of professionals having particular skill and knowledge.

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