Question

discuss the importance of management​

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. It directs group efforts towards achievement of pre-determined goals.

Answer 2

Management plays important role in shaping the culture of an organisation. The performance and survival of business organisation depends on its management.

“Management is the specific organ of the modern institution. It is the organ on the performance of which the performance and the survival of the institution depends.”

The modern society is dependent upon organisations for its survival.