Question

define management show the importance of management in indian context​

Answer 1

Answer:

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. Management converts disorganized resources of men, machines, money etc. ... into useful enterprise.

Answer 2

Answer:

Management shows the importance of management in the Indian context​ is shown:

1. Achieving goals

2. Increasing efficiency

3. Supports the growth of a dynamic organization

4. Aids in reaching individual goals

5. Development of society

Explanation:

1. Achieving goals: Management aids the organization in attaining its objectives. A manager's job is to give all efforts to achieving organizational objectives general direction and leadership.

2. Increasing efficiency: Increasing productivity by effective planning, organizing, managing, and directing helps management increase the efficiency of the company.

3. Supports the growth of a dynamic organization: Management aids in giving an organization the necessary push to move from one stage of development to another and in reacting to the shifting dynamics of the commercial environment.

4. Aids in reaching individual goals: Management aids in directing people toward accomplishing their own goals, which directly contributes to the achievement of organizational goals.

5. Development of society:  Society's growth is aided by management, which grows the organization. A developed organization has moral obligations to society, which it fulfills through generating employment opportunities and offering high-quality goods and services.

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