Question

State any one importance of management?

Answer 1

Answer:

Hey mate here is ur answer

Explanation:

importantance of Management. It helps in Achieving Group Goals - It arranges the factors of production, assembles and organizes the resources, integrates the resources in effective manner to achieve goals.

Answer 2

One of the foremost importance of Management is proper utilization of resources for any business which will maximize its economic and financial benefits.

Explanation:

In Management Studies,proper utilization of resources basically means proper and optimal utilization of all the physical and human resources in any business organization which will lead to long term and sustainable business efficiency.It involves the best possible of all the business resources and their optimal utilization based on their skill level,knowledge,utility level and productivity.The goal is again is to put all the resources to their best possible use to enhance the financial performance and economic success.