Explain management and its features. What are the different approaches for management?

• Management is a process of achieving goals by making cohesive teams so that high degree of morale and sense of accomplishment is realized by all parts of the organization.
• Management features: 1.an organized activity 2. presence of clear objectives 3. harmonious relationship among resources 4. working with and through people 5. involves decision making, planning, leadership, and all other managerial functions.
• management involves many discipline and that is why an integrated system.
• management principles are relative , not absolute
• management is a combination of both: science and arts.
• management is universal, all pervasive and inevitable for kinds of organizations.
• management is quite significant for all the organisations as it makes optimum utilization of resources.
• management is quite significant for all the organisations as it encourages creativity and innovations.
• management is quite significant for all the organisations as it helps in development of all the resources
• management is quite significant for all the organisations as it encourages team work
• management is quite significant for all the organisations as it bring stability in the society 
• management is quite significant for all the organisations as it finds out ways to minimize cost
• management is quite significant for all the organisations as it generates employment
• management is quite significant for all the organisations as it ultimately contributes to the development of nation
•  administration.  v/s management : 
•   administration is above management: american school of thought
• administration is part of management : European school  of thought
• administration and management are one : Henery Fayol and William Newman
• three levels of management: top, middle and lower level
• different skills required at different levels: conceptual skills for top level, human skills for middle level and technical skills for lower level.

There are three different approaches for administration