The
main objectives of management are:
1) Getting Maximum Results with Minimum Efforts - The main objective of management is
to secure maximum outputs with minimum efforts & resources. Management is
basically concerned with thinking & utilizing human, material &
financial resources in such a manner that would result in best combination.
This combination results in reduction of various costs.
2)Increasing the Efficiency of factors of Production - Through proper utilization of
various factors of production, their efficiency can be increased to a great
extent which can be obtained by reducing spoilage, wastages and breakage of all
kinds, this in turn leads to saving of time, effort and money which is
essential for the growth & prosperity of the enterprise.
3) Maximum Prosperity for Employer & Employees - Management ensures smooth and coordinated
functioning of the enterprise. This in turn helps in providing maximum benefits
to the employee in the shape of good working condition, suitable wage system,
incentive plans on the one hand and higher profits to the employer on the other
hand.
No comments:
Post a Comment
comment should be related to matter or any query,problem,assistance or discussion. Worthless conversation,abusing or any ill behavior will not be entertained. do not provide your contact details in comments area,it'll be removed.