Following are the features of management: 

1. Management is a group activity – Management comes into picture where groups of persons are involved in working towards a common objective. Where a single individual works for his individual goals, management has no role to play. 

2. Management is multi-dimensional – Management is a composite process consisting of management of people, work and operations. It integrates people in relation to physical resources. 

3. Management is all pervasive – Management is required in all types of organisations and at each level. It focuses on efficiency and effectiveness in the activities of an organisation. 

4. Management is a dynamic function – Management is a dynamic function of business organisation. Its functions change from time to time depending upon the conditions of the business i.e., changes in economic, social, political, technological and human conditions. It adjusts itself to the atmosphere which is always dynamic. 

5. Management is intangible – Management is an unseen force. Management requires application of mind involving foresight, intelligent imagination and sound judgment. The success of management is felt through orderliness, enthusiastic employees and adequate work output. 

6. Management is continuous process – Management is not confined to a particular point of time. It involves continuous handling of problems and issues. 

7. Management is goal oriented process – Management deals with achieving organisational and personal goals. It seeks to harmonise the personal goals with organisational goals.