Esha works as the cost and risk management head of a company in power sector. As a result of her excellent managerial competence, the company is able to reduce costs and increase productivity. The company belongs to infrastructure sector, where is regular amendments are made in the government regulations and policies. She holds regular meetings to ensure that people in her department are not only aware of the related changes but are also able to adapt to these changes effectively. This helps the company to maintain its competitive edge. She motivates and leads her team in such a manner that individual members are able to achieve personal goals while contributing to the overall organizational objective. In the process of fulfilling her duties for the growth of the organization, she helps in providing competitive services, adopting new technology, creating more employment opportunities etc. for the greater good of the people at large.
In context of the above case:
Identify the various reasons that have made management so important by quoting lines from the paragraph.
Answers
Answer:
1) Management increases efficiency:- company is able to ------ increase productivity.
2) Management creates a dynamic organisation:- but are also able to -------- changes effectively.
3) Management helps in achieving personal objectives:- individual members are able to --------- organizational objective.
4) Management helps in development of society:- she helps in providing ---------- people at large.
Answer:
Answer:
1) Management increases efficiency:- company is able to ------ increase productivity.
2) Management creates a dynamic organisation:- but are also able to -------- changes effectively.
3) Management helps in achieving personal objectives:- individual members are able to --------- organizational objective.
4) Management helps in development of society:- she helps in providing ---------- people at large.
Explanation: