![]() ![]() Manager creates a favourableenvironment through introducing employees to the benefits arising by adapting changes. To face the changing environment, many changes need to be madein the organisation as well. (iii) Management Creates a Dynamic Organisation: Every organisation works in an everchanging environment. (ii) Management Increases Efficiency: A manager increases efficiency through theoptimum utilisation of all the resources, such as, Man, Machine, Material and Money. A manager achieves these goals by giving theproper direction to the efforts of all individuals, (i) Management helps in achieving Group Goals: It is the most important characteristic ofmanagement that it is a goal-oriented activity. Thefollowing facts clearly highlight the importance of management: ![]() ![]() In this reference, it is said that anything minus management is nothing. Not only in the field of business but in other fields also, management has come to occupy animportant place. ![]()
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