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Question

Importance of management _________________________.

A
It enables the organisation to survive in changing environment
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B
It improves standard of living and increases the profit which is beneficial to business and society.
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C
Management fills up various positions with right persons, having right skill, training and qualification.
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D
All of the above
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Solution

The correct option is D All of the above
Importance of management :-a) It enables the organization to survive in changing environment
b) It improves standard of living and increases the profit which is beneficial to business and society.
c) Management fills up various positions with right persons, having right skill, training and qualification.Management can be defined as a process of getting things done with the aim of achieving goals effectively and efficiently. In absence of management no organization can run successfully.

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