Advertisements
Advertisements
प्रश्न
Justify the following statement.
Management principles are helpful in optimum utilization of resources.
Advertisements
उत्तर
- When achieving an individual's or organization's goals, it is always necessary to employ various methods or procedures. Some of these strategies are universally acknowledged; therefore, they are known as principles. "Principle is defined as a fundamental truth or proposition that serves as the foundation for a system of belief or behaviour or for a chain of reasoning"
- Every company uses two sorts of resources: physical resources (materials, machines, money, etc.) and human resources (manpower).
- The essential function of management is to strike a good balance between these resources by putting them to the best possible use and controlling waste.
- Management consistently uses tactics and principles to preserve discipline and a healthy working environment. It aids in the development of amicable connections between management and employees, which improves employee efficiency and has an impact on successful administration.
As a result, management concepts can help maximize resource utilization.
संबंधित प्रश्न
Nature of principles of management.
State the importance of principles of management.
Explain any four points that highlight the importance 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.
Write short answer for the following.
What is the significance of the principles of management?
Management principles are applied differently under different situations.
Explain significance of principles of management.
The principles of management are significant because of ______.
Principles of management provide managers with useful insights into reality. Which of the following statements explain this appropriately?
Which of the following does not apply to Principles of Management?
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 statement is false with respect to principles of management:
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 optimum Utilisation of resources and effective administration.
Identify the point of significance of management illustrated in the picture
