Question

Definition of management is a goal oriented process

Answer 1

Answer:

Management is an activity concerned with guiding human and physical resources such that organizational goals can be achieved. Nature of management can be highlighted as :

Explanation:

Management is Goal-Oriented: The success of any management activity is assessed by its achievement of the predetermined goals or objective. Management is a purposeful activity. It is a tool which helps use of human & physical resources to fulfill the pre-determined goals. For example, the goal of an enterprise is maximum consumer satisfaction by producing quality goods and at reasonable prices. This can be achieved by employing efficient persons and making better use of scarce resources.

Answer 2

Answer:

Goal-Oriented Management: Any management activity's performance is determined by how well it accomplishes the predetermined goals or objectives. It serves a purpose to manage.

Management is a goal oriented process-

• It is a tool that facilitates the utilisation of material and human resources in order to achieve predetermined objectives.
• For instance, a business would want to produce high quality products at competitive pricing in order to achieve maximum consumer happiness.
• This can be accomplished by hiring capable individuals and making better use of limited resources.
• The organisational goals are what management usually strives to accomplish.
• The roles and responsibilities of managers help organisations achieve their goals.
• For instance, if a firm wants to sell 1000 computers, the manager will develop the strategy, inspire everyone on the team, and organise all the resources with that goal in mind.

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