What is the importance of management in the society?

Answer 1

Management helps in utilizing the physical and human resources productivity and leads to efficacy in management. It also helps in arranging the factors of production, assembling and orgnizing the resources, integrating the resources effective manner for achieving the goals.

It also helps in getting maximum results through minimum input by proper planning and by using minimum input and getting, maximum output. It also enables the organization to survive in changing environment.It keeps in touch with the changing environment.

Answer 2

Management is important in society because it ensures efficient allocation of resources, coordination of activities, and achievement of organizational goals. It helps in controlling and directing resources to maximize productivity and minimize waste, ultimately leading to economic growth and social welfare. Good management practices also promote innovation, problem-solving, and decision-making, which are essential for progress and development in society.