explain how principle of management help in optimum utilisation of resources and effective administration
Answers
it is true... since it help us to understand and get to know... that where an organization should use its resources so that it could lead to productivity in the production of goods... which is known as optimum utilisation of resources........ an organization will never waste it resource since they cost a high rate....
hope it helped Plss mark as brainliest
Explanation:
1) In every organization two types of resources are used i.e physical resources(material, machines, money etc) and human resources (manpower).
2) The basic function of management is to make proper balance between these resources by putting them to optimum use and control on wastage of resources.
3) While maintaining discipline and healthy working environment, management always use techniques and principles. It helps in establishing cordial relationships between management and employees which increases the efficiency level of employees and also affects the effective administration.
4) Management principles are in the form of pre-determined solutions for the problems which are recurring.
Therefore, Management principles are helpful in optimum utilization of resources.
According to marking pattern this length of answer is sufficient to score full marks in justify.