☰
✕

Nature and Significance of Management
Question
Wired Faculty App

How is Management a 'Goal Oriented Process'?

Answer

'No goal in the hand-no need of management'. In other words, we need management when we have some goals to be achieved. Management aims at ensuring timely completion of work, achieving production and sales targets, or obtaining fair returns from investments by using their imaginative and intuitive skills to utilise resources optimally. Hence, nothing is wrong to say that management is a goal oriented process.

Sponsor Area

Some More Questions From Nature and Significance of Management Chapter

How is Management a 'Goal Oriented Process'?

Management is not visible, it can only be felt. Explain.

How is management a Continuous Process?

Explain, in brief, management as a 'Dynamic Function'.

Explain 'Management of people' as a dimension of management.

Explain in brief, 'management' as a group of people having managerial responsibilityfor an enterprise. 

State any two characteristics of management.

What is meant by Management?

What does a manager aspire while doing work?

Clarify the terms efficiency and effectiveness in management.