Business Studies, asked by Sahifa7666, 1 year ago

management is the art of getting things done through others .'explain the importance of management in the light of this statement ?

Answers

Answered by bani5097
1

Answer:

As per this point of view, management is that art through which a manager can easily achieve theobjectives by utilising the full capacity of the subordinates. In this reference, following are themain points of its importance:

Explanation:

As per this point of view, management is that art through which a manager can easily achieve theobjectives by utilising the full capacity of the subordinates. In this reference, following are themain points of its importance:

(i) Management helps in achieving Group Goals: It is the most important characteristic ofmanagement that it is a goal-oriented activity. A manager achieves these goals by giving theproper direction to the efforts of all individuals,

(ii) Management Increases Efficiency: A manager increases efficiency through theoptimum utilisation of all the resources, such as, Man, Machine, Material and Money.

(iii) Management Creates a Dynamic Organisation: Every organisation works in an everchanging environment. To face the changing environment, many changes need to be madein the organisation as well. But people resist changes. Manager creates a favourableenvironment through introducing employees to the benefits arising by adapting changes.

(iv) Management helps in achieving Personal Objectives: Every employee wants to getsuitable remuneration, a share in profit, participation in management, promotion, etc. in theform of his personal objectives. This objective can only be achieved, if they work while usingtheir full abilities. Managers make employees able through motivation, good leadership andopen communication. As a result, they attain their individual objectives.

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