What is management?discuss its importance in running of modern business?
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the process of dealing with or controlling things or people."the management of the economy"
Importance 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. ... Management converts disorganized resources of men, machines, money etc. into useful enterprise.
Importance 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. ... Management converts disorganized resources of men, machines, money etc. into useful enterprise.
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