Important or benefits and objective of business managements

Important or benefits of managements

Management can provide  and support different types of benefits and advantages to the organizational as well as social members. Basic or major advantages or important of management can be explain with the helps of following points

I)             Achievement of organization goals and objectives

II)            Optimum utilization of available resources

III)           Minimization of cost and maximization of profit

IV)          Smooth functioning of business

V)           Growth, diversification and innovation

VI)          Social and national benefits

                                

                                 Objective of business management

The major objective if management are listed below

i)              To archive the goals or objective.

ii)             To utilize available resources properly.

iii)            To enhance the skill of human resources.

iv)           To make proper plans for future

v)            To improve the level of performance of the employees

vi)           To provide better working environment.