IMPORTANCE OF MANAGEMENT

1. Management is an activity

2. Management is a purposeful activity.

3. Management is concerned with the efforts of a group.

4. Management applies economic principles.

5. Management involves decision making.

6. Management is getting things done through others.

7. Management is an integrating process.

8. Management co-ordinates all activities and resources.

(i) Management is a universal activity.

(ii) Management is dynamic not rigid.

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