Business Studies, asked by Akash7766, 1 year ago

Any 5 importance of management principles!!​

Answers

Answered by Anonymous
42

HeRe Is Your Ans

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importance of management principles :-

# Providing managers with useful insight into reality

# Management principles act as guidelines for the managers

# These principles improve knowledge, ability and understanding of managers under various managerial situations

# Improves Understanding - From the knowledge of principles managers get indication on how to manage an organization

# The principles enable managers to decide what should be done to accomplish given tasks and to handle situations which may arise in management. These principles make managers more efficient.

# 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

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 <marquee > hope it helps u

Answered by Anonymous
9

Heyaa Mate...!!

here is your answer..

Importance of management principles are :-

1.) Scientific Decisions

2.) Meeting changing environment req.

3.) Effective Administration

4.) Fulfilling social responsibilities

5.) Optimum utilisation of resources

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