Question

Effective Management helps to
reduce
in the
organization

Answer 1

Answer:

Importance of management for every business organization are: 1. Management helps in Achieving Group Goals 2. Management Increases Efficiency 3. Management Creates a Dynamic Organisation 4. Management helps in Achieving Personal Objectives 5. Management helps in the Development of the Society.

In absence of efficient management the resources will remain resources and cannot be converted into finished products

Explanation: