Objectives of Management
The main objectives of management are:
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.
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.
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.
Human betterment & Social Justice - Management serves as a tool for the upliftment as well as betterment of the society. Through increased productivity & employment, management ensures better standards of living for the society. It provides justice through its uniform policies.
Subscribe to:
Post Comments (Atom)
VMware Cloud Learning Video's
Here is a nice summary list of all VMworld US 2018 Breakout session with the respective video playback & download URLs. Enjoy! Bra...
-
Different types of bra Welcome to this post, we are here to help you with the different types of bras out there and help you make the ...
-
Most of women now days are very conscious about their future. Time has changed now women are now doing much better than men in corporate w...
-
Mens Fashion Wear Hugo Boss is one of the leading designers of high-end menswear in the world today, but the company has a checkered ...
No comments:
Post a Comment