Question

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plejj help me 2morow is my exam....
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In the absence of Management the productive resources will remain resources and shall never become production." explain the importance of management in the light of the above statement with the help of any three points......
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BST CLASS 12
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Answer 1

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→ What is Management?

Management is a process of getting things done with the aim of achieving goals effectively and efficiently.

→ Importance of Management as per the question.

$\blue{\mathtt{i.)}}$Management helps in achieving group goals Management tries to integrate the objectives of individual along with organisational goal. Management directs the effort of all the individual in the common direction of achieving organisational goal.

$\blue{\mathtt{ii.)}}$ Management increases efficiency Management try to reduce the cost and improve productivity with minimum wastage of resources. Management insists on efficiency and effectiveness in the world through planning, organising, staffing, directing and controlling.

$\blue{\mathtt{iii.)}}$Management helps in achieving personal objective Managers lead people in such a manner that along with organisational goal individual goal of employees is also achieved. As organisational goal in individual goal are in one direction only. Individual wants to earn more and organisation wants maximum profit.

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Answer 2

$\huge{\bold{\star{\fcolorbox{black}{red}{Answer}}}}$

→ What is Management?

Management is a process of getting things done with the aim of achieving goals effectively and efficiently.

→ Importance of Management as per the question.

i.) Management helps in achieving group goals Management tries to integrate the objectives of individual along with organisational goal. Management directs the effort of all the individual in the common direction of achieving organisational goal.

ii.) Management increases efficiency Management try to reduce the cost and improve productivity with minimum wastage of resources. Management insists on efficiency and effectiveness in the world through planning, organising, staffing, directing and controlling.

iii.) Management helps in achieving personal objective Managers lead people in such a manner that along with organisational goal individual goal of employees is also achieved. As organisational goal in individual goal are in one direction only. Individual wants to earn more and organisation wants maximum profit.