Establishes Equilibrium-Objective of management
Describe ‘Establishes Equilibrium’ objective of management.
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This allows the organization to survive in changing environment. This keeps in touch with the changing environment. With change in external environment, the initial co-ordination of organization should be changed. Therefore it adapts the organization to changing demand of market/changing requirements of societies. It is responsible for the growth and survival of organization.
Describe ‘Optimum Utilization of Resources’ objective of management.
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