Question

1. Explain any five concepts of Management. 2. Explain any five objectives of Management.
3. Write the importance of Management.
4. Define Management and explain its concepts.​

Answer 1

Answer:

Following are the characteristics of management:

a. Management is a goal-oriented process which unites the efforts of different individuals in the organization towards achieving these goals.

b. Management is all pervasive as the activities involved in managing an enterprise are common to all organizations whether economic, social or political.

c. Management is multidimensional as it is a complex activity that has three dimensions: Management of work, Management of people, Management of operations.

d. Management is a process consisting of continuous, composite, but separate functions.

e. Management is a group activity which ensures team work and coordination of individual effort in a common direction.

Answer 2

Answer:

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Explanation:

1. At the most fundamental level, management is a discipline that consists of a set of five general functions: planning, organizing, staffing, leading and controlling. These five functions are part of a body of practices and theories on how to be a successful manager

2. The main objectives of management are: Getting Maximum Results with Minimum Efforts - The main objective of management is to secure maximum outputs with minimum efforts & resources. ... Human betterment & Social Justice - Management serves as a tool for the upliftment as well as betterment of the society.

3. It helps in Achieving Group Goals - It arranges the factors of production, assembles and organizes the resources, integrates the resources in effective manner to achieve goals. It directs group efforts towards achievement of pre-determined goals. This leads to efficacy in management. ...

4. management can be defined as the process of achieving organizational goals through planning, organizing, leading, and controlling the human, physical, financial, and information resources of the organization in an effective and efficient manner.