class 12 business studies Nature & Significance of management Notes
Nature and significant of management . . ... Short & Easy Notes for B oard Exam #1. What is management? what are its objectives? > Management is a process of getting things done through and with formally organised group with the aim of achieving the organisational goal inefficient and effective manner. Following are its objectives; i. To create market share. ii. Optimum utilisation of resources. iii. Growth and development of business. iv. Ensure regular supply of goods. v. Improving performance. vi. Provide service to the society. #2. Write the characteristics or element of Management. > The basic characteristics of Management may be as follows; i. Management is a goal oriented process - An organisation has a set of basic goals which are the basic reason for its existence. ii. Management is all pervasive - The activities involved in managing and enterprise are common to all organisation. Whether economic social or political iii. Management is multidimension...