Question

significance of Principles of Management​

Answer 1

Explanation:

Improves Understanding - From the knowledge of principles managers get indication on how to manage an organization. The principles enable managers to decide what should be done to accomplish given tasks and to handle situations which may arise in management. These principles make managers more efficient

Answer 2

Answer:

6 Main Significance of Principles of Management

(1) Provide Useful Insight to Managers:

(2) Optimum Utilisation of Resources and Effective Administration.

(3) Scientific Decisions.

(4) Meeting Changing Environmental Requirement

(5) Fulfilling Social Responsibility.

(6) Management Training, Education and Research.

Explanation:

I