Importance of management, Management Theories

Assignment Help:

Importance of management:

1. It will be all confusion and no body 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, such 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 provides new ideas and vision to the organization to do better.

5. Management tackles business problems and provides a tool for the best way of doing things.

6. Management only can meet the challenge of change.

7. Management gives stability to the enterprise by changing and modifying the resources in accordance with the changing environment of the society.

8. Management helps personality development thereby raising efficiency and productivity.

 


Related Discussions:- Importance of management

Latin squares design, Latin Squares Design: This design suggests that...

Latin Squares Design: This design suggests that test will form a square because there will be as many test units as treatments. This design is used to control important extra

Experimentation - descriptive research designing, Experimentation: Exp...

Experimentation: Experimentation is not easy to define. It will refer to that research process in which one or more variables are manipulated under conditions that permit the

Zoology, Explain what the Miller–Urey experiments contributed to modern the...

Explain what the Miller–Urey experiments contributed to modern theories of the origin of life.

Cells, draw the cross section of a plant cell

draw the cross section of a plant cell

An advantage of simulation modeling , Advantage of simulation modeling is ...

Advantage of simulation modeling is a. It generates an optimal solution to the problem. b. It allows the inclusion of real-world complications. c. It can be used in simil

Enterprise development and change, The postmodernism argues that organizati...

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

Organizational behaviour, If you were one of the other foremen, what could ...

If you were one of the other foremen, what could you do to make Rajinder’s transition easier?

Single inheritance, identify two single inheritance and one multiple inheri...

identify two single inheritance and one multiple inheritance of an accounting system

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd