Step 1: Comprehending the "all-pervasive" characteristic.
- Management is all-pervasive because it is relevant to all organizational types (business, government, social), irrespective of their size or objectives.
Step 2: Evaluating the choices.
The provided statement emphasizes management's universal applicability, which aligns with its all-pervasive nature.
Conclusion: The accurate selection is (B) Management is all-pervasive.