What is the bnifit of mangment
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Yogita Ingle 5 years, 4 months ago
(1) Achieving Group Goals: Management creates team work and coordination in the group. Managers give common direction to individual efforts in achieving the overall goals of the organization.
(2) Increases Efficiency: Management increases efficiency by using resources in the best possible manner to reduce cost and increase productivity.
(3) Creates Dynamic organization: Management helps the employees overcome their resistance to change and adapt as per changing situation to ensure its survival and growth.
(4) Achieving personal objectives: Management helps the individuals achieve their personal goals while working towards organizational objectives.
(5) Development of Society: Management helps in the development of society by producing good quality products, creating employment opportunities and adopting new technologies.
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