Explain four importance of studying management to the organisation?

Answer 1

Employees generally leave their jobs as a result of poor management practices in the business. Business owners should be aware of good management practices through research and formal education to produce a business model that can develop employee productivity, eradicate idleness and increase retention.

Answer 2

In lots of companies, managers collapse into first-level, mid-level and top-level managers. Managers at the dissimilar levels have power over diverse proficiency sets and knowledge, but they must all appreciate how businesses function on a short-term and long-term foundation. They in general learn communication processes, and consecutively make use of those skills to exchange a few words effectively with their co-workers who work lower than and above them.
They bring into play knowledge of communication to cultivate an intelligence of equal opportunity among workers with diverse personalities and recognize most effective methods of communication to encourage employee output. Managers embark on studies in employee relations and in due course gain knowledge of precious information on how business function most successfully at the micro level and macro level on a short-term and long-term base.
Studying management prepares community for leadership position and educates for skills that are uniformly important transversely numerous dissimilar outline of effort.