Episode 12 Class 12 Business Studies-- Importance or Significance of Principles of Management

Business Studies by PAVAN AGRAWAL

In episodes 12 class 12th Business Studies we will discuss about the points of Importance/Significance of Management .Following are the importance of Management :. 1) Providing managers with useful insights into reality. 2) Optimum utilisation of resources . 3) Scientific decisions 4) Meeting changing environment requirement 5) Effective administration. 6) Fulfilling social responsibilities. 7) Management training, education and research.