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Question:

Explain the significance of management in achieving organizational goals.

Answer:

Management is critical in every organization because it:

  • Achieves Group Goals: Management coordinates the efforts of individuals towards achieving collective goals, ensuring success for the organization.
  • Increases Efficiency: By using resources optimally, management enhances efficiency and reduces wastage.
  • Creates a Dynamic Organization: In a constantly changing business environment, management ensures the organization adapts and remains competitive.
  • Develops Society: Management helps in the economic and social development of society by generating jobs, ensuring ethical practices, and producing goods and services that improve the quality of life.


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  • 4 months ago

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  • Answered by Ekta Mehta
  • 4 months ago

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  • Answered by Ekta Mehta
  • 4 months ago

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