Importance of Management

Question

Elucidate the importance of management?

Answer 1

a. Achieving Group Goals: For accomplishing group goals Management can helps. Supervisor give perfect direction to an individual struggle in accomplishing the complete targets of the organisation.

b. Increases Efficiency: To reduce cost and increase productivity, management that can increases productivity with the help of resources in the best promising manner.

c. Creates Dynamic Organisation: Management which helps in construction of Dynamic organisation which could accept changing situations easily.

d. Achieving Personal Objectives: Management that can helpful in the administration for completing objectives of individuals working.

e. Development of Society: Management which can helpful in the extension passion of the public by providing employment openings, producing good quality products, and adopting new technology.