What is the importance of management, Management Theories

IMPORTANCE OF MANAGEMENT

1. Truly speaking , no enterprise can survive without management, even if it possesses huge money , excellent machinery and expert man power , because without management , it will be all confusion and nobody will know what to do and when to do . It is management which guides and controls the activities of man power for the optimum utilization of company resources, like as men , materials , money , machines , methods etc.

2. Management makes a vital , dynamic and life giving force to the enterprise.

3. Management coordinates activities of dissimilar departments in an enterprise and establishes team spirit among the persons.

4. Management gives new ideas and vision to the organization to do better.  

 

Posted Date: 5/29/2013 7:52:35 AM | Location : United States







Related Discussions:- What is the importance of management, Assignment Help, Ask Question on What is the importance of management, Get Answer, Expert's Help, What is the importance of management Discussions

Write discussion on What is the importance of management
Your posts are moderated
Related Questions
Q. What are the importances of Strategic Planning? It is used for taking key business decision like growth, retrenchment stability and divestment decisions are arrived. It is t


Whom do you think Rajender will eat with? why? If you were one of other foremen, what could you do to make Rajender''s transition easier?

Core Competency: It is a specialty or fields of expertise in a given organization that exceeds or eludes its competitors and serves as the foundation for the industries to gro

what is the scope of operation management


Ask describe the supply chain for milk ? Where does Ace Dairies fit into this? what specific activities from the logistics in Ace Dairies?question #Minimum 100 words accepted#


The postmodernism argues that organizations are social organisms in which individuals and groups construct their own views of reality based on their own perceptions of the world an

Planning  Planning is the process of determining in advance what should be accomplished and how to  do it. In  other  words, it is  an analytical process of  establishing  goa