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Is management concerned only with doing …

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Is management concerned only with doing the right task, completing activities and achieving goals without considering cost benefit? Give reason in support your answer.

Posted by Sagar Kashyap 7 years, 1 month ago

CBSE > Class 12 > Business Studies

3 answers

Nikhil Kumar 7 years, 1 month ago

Management is concerned with the main aim of achieving organisational goal with effectiveness and efficiency.i.e it ensures that task is completed on time and with minimum cost

Kaur S 7 years, 1 month ago

No.. only doing the right task, completing activities and achieving goals refers to effectiveness but to achieve organisational goal, efficiency ( cost benefit analysis) must be there. Effectiveness and efficiency are two sides of same coin.

Mayank Singh 7 years, 1 month ago

No, the managemwnt is not only concerned with doing the right tast but it is more important for management to achieve goals effictively and efficeinty i.e., with minimum cost and less time

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