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प्रश्न
Explain optimum Utilisation of resources and effective administration.
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उत्तर
Significance of Management: Optimum utilisation of resources and effective administration:
- Management concepts promote the most efficient use of resources by coordinating physical, financial, and human resources. They also contribute to improved management by discouraging personal bias and encouraging an objective attitude.
- Managers can focus on maximizing the use of available resources by implementing management concepts in order to generate productive results at the lowest possible cost and greatest profit.
- It also aids in the development of amicable connections between managers and staff in order to boost productivity levels.
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संबंधित प्रश्न
Nature of principles of management.
write a short note on the Significance of Principles of Management.
What is the objective of 'Method Study' as a technique of scientific management?
Answer the following question.
Explain any four points regarding the significance of the principles of management.
Justify the following statement.
Management principles are helpful in optimum utilization of resources.
Explain significance of principles of management.
The principles of management are significant because of ______.
Principles of management emphasize on logical and rational decision making rather than on the basis of. bias and prejudice. The given 'statement highlights that the knowledge of principles of management leads to ______
If a manager is able to achieve the target production of 7,000 units but at a higher cost, then what will he be considered as?
Identify an important principle of management control in which only significant deviations which go beyond the permissible limit should be brought to the notice of management.
Which of the following does not apply to Principles of Management?
If a manager is not able to achieve the target production of 6,000 units but is able to reduce the costs significantly, then what will he be considered as?
Explain any three points that highlight the importance of 'Principles of Management'.
Explain providing managers with useful insights into reality and fulfilling social responsibilities as significance of principles of management.
Explain Meeting Changing Environment requirements.
Identify the point of significance of management illustrated in the picture
