Question

Define the term Management. Briefly explain any two objectives of management. ​

Answer 1

Answer:

the main objectives of Management are getting maximum results with minimum efforts the main objective of management is to secure maximum outputs with minimum efforts and resources through increased productivity and Employment management it was better standards of living for the society...........

hope this helps you ...

Answer 2

Hey Mate !

ΔManagement includes the activities of setting the strategy of an organization and coordinating the efforts of its employees (or of volunteers) to accomplish its objectives through the application of available resources, such as financial, natural, technological, and human resourcesΔ

The main objectives of management are:

→Getting Maximum Results with Minimum Efforts - The main objective of management is to secure maximum outputs with minimum efforts & resources. Management is basically concerned with thinking & utilizing human, material & financial resources in such a manner that would result in best combination. This combination results in reduction of various costs.

→Increasing the Efficiency of factors of Production - Through proper utilization of various factors of production, their efficiency can be increased to a great extent which can be obtained by reducing spoilage, wastages and breakage of all kinds, this in turn leads to saving of time, effort and money which is essential for the growth & prosperity of the enterprise.

Hope it helps u !

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