xyz Ltd.is a management oriented company. Time and again all the employees learn from their senior various ways of dealing with diverse situations. They are provided training whenever required . They are also given incentives both financial as well as not-financial. The result is employees see their development in the organisation. The organisation tries to behave as a responsible constituent of society and they creates good quality products.It have avery good image in the market.The training modules are superb and the employees always try to gind unique ways of providing solutions in the contextof rapidly changing business environment. This has helped the organisation to adjust frequently in avery good manner. Which importance of management is highlighted here?Also identify the lines.
Answers
Answered by
11
Answer:
Management is the process of getting work done from others effectively as well as efficiently by involving functions of management to achieve organisational goals.
Efficiency involves minimising costs and increasing output. Effectiveness means doing the right work, on or before time in the right quantity and maintaining the right quality.
Answered by
0
Efficient management in an organization, results in a improvement in standard of living and provides a good environment for the employees to work in.
- Employees who work in a good management are more committed, engaged, and productive. For businesses, this translates into improved employee retention rates, decreased absenteeism, and enhancements to service excellence, client satisfaction, and general performance.
- By getting to know their staff members personally, efficient management can increase employee development and satisfaction while also encouraging greater success and productivity across the board. A
- A good manager gives their team members the tools and resources they need to perform above and beyond expectations.
- Just like in this XYZ Ltd. company, everything is management oriented, employees are happy and have complete job satisfaction. They create good quality products and due to which customers are also happy. They are walking hand-in-hand with the rapidly growing technology in the market.
To learn more about why good management is required for the growth of an organization, refer to these answers:
https://brainly.in/question/3054473
https://brainly.in/question/5026516
#SPJ2
Similar questions