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प्रश्न
Justify the following statement.
Management principles are helpful in optimum utilization of resources.
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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
write a short note on the Significance of Principles of Management.
Explain any four points that highlight the importance of principles of management
Answer the following question.
Explain any four points regarding the significance of the principles of management.
The principles of management are significant because of ______.
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 ______
Which of the following does not apply to Principles of Management?
Management principles are contingent or dependent upon the situations prevailing in the organization. Which is the correct explanation associated with this statement:
In a cotton textile mill, various tasks viz. Spinning, weaving, sizing, bleaching, etc. Were divided to different groups of persons. Identify the principle of management stated here:
Explain Meeting Changing Environment requirements.
Identify the point of significance of management illustrated in the picture
Management principles are applied differently under different situations.
