Management is a purposive activity

Question

The management is a purposive activity. Describe this statement.

Answer 1

Yes, the above statement is exactly true. It is something which directs group efforts towards the attainment of certain pre-determined goals. This is the method of working with and via others to efficiently achieve the goals of the organization, by efficiently employing limited resources in the changing world. Of course, such goals might differ from one enterprise to the other. Example: For one enterprise it might be launching of new products by conducting market surveys and for the other it might be profit maximization by minimizing the cost.