Question

➡️ BUSINESS STUDIES ⬅️
Ch: NATURE AND SIGNIFICANCE OF MANAGEMENT

Ques: ABC Ltd. Is able to achieve its target sales within the prescribes time as employees are happy and there is orderliness and coordination in the work environment. Discuss the characteristic of management depicted here?
​

Answer 1

Answer:

Management: Definition

Management is the process of designing and maintaining an environment in which individuals working together in groups efficiently and effectively accomplish selected goals.

Objectives of Management

Organizational Objectives:

• Survival
• Profit
• Growth

Social Objectives. For example:

• Use eco-friendly methods
• Generate employment opportunities
• Personal Objectives.

For example:

• Fair wages and salary
• Good working conditions
• Growth prospects

please please mark my answer as brainliest answer.

and also follow me...✔️✔️

thx.... ❤❤❤❤❤

Answer 2

Management is one of the most complex functions of an organisation.

Competency of management is being depicted here.

• The person who takes managerial decisions has to keep a lot of things in mind.
• Before taking any managerial decisions the manager has to keep in mind the objectives and the values of the organisation. He also needs to think about the various consequences that might occur because of his or her decision.
• He needs to think about the investors the consumers as well as his team before he takes any big decision.