Question

management ensures:
(a) providing employment opportunities
(b) maintaining profit
(c) ensuring maximum utilisation of resources
(d) control on cost

Answer 1

Answer:

The correct answer is

Option (c) ensuring maximum utilization of resources.

Answer 2

In simple terms,management refers to the actions or conducts that involve planning,processing,organizing,directing and controlling essential resources in an efficient way to achieve various goals and objectives in any organisation.Hence,the correct answer is option (c) or ensuring maximum utilization of resources.

Explanation:

One of the central and cardinal objectives of management is proper and efficient utilization of productive resources within any organisation such physical inputs,financial endowments,human resources,raw materials,technological inputs etc. to ensure long term and sustainable economic growth and success.In this regard,various dimensions or fields of management teaches effective and maximum utilization of available organisational resources to achieve its desired goals and objectives.Therefore,improper or inefficient resource utilization often leads to organisational failures and crisis in which the organisation fails to attain long term economic or commercial sustenance.