Case studies of chapter introduction of management
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CBSE Class 12 Case Studies In Business Studies – Nature and Significance of Management
July 22, 2021July 24, 2021
CBSE Class 12 Case Studies In Business Studies – Nature and Significance of Management
MANAGEMENT
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
Effectiveness: Definition
According to Koontz, “Effectiveness means doing the right thing.” It means taking correct decisions and actions in every situation to achieve the targets.
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Skip to content
CBSE Sample Papers
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CBSE Class 12 Case Studies In Business Studies – Nature and Significance of Management
July 22, 2021July 24, 2021
CBSE Class 12 Case Studies In Business Studies – Nature and Significance of Management
MANAGEMENT
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