+3 votes
in Class 12 by kratos

Give the meaning of Management and explain how it 'creates a dynamic organisation' and 'helps in the development of society'.

1 Answer

+1 vote
by kratos
 
Best answer

According to Trewelly and Newport "Management is defined as the process of planning, organising, and controlling an organisation'* operations in order to achieve co-ordination of the human and material resources essential in the effective and efficient attainment of objectives."

Management creates a dynamic organisation: An organisation operates in a consistently changing environment. In order to survive and grow, the organisation has to adapt itself as per the environment. Employees generally resist to changes. Management helps in implementing such changes by convincing the employees that such changes will benefit their future prospects.

Management helps in the development of society: While achieving the development of organisation, management also aims to develop the society by giving due importance to social obligations. Efficient management improves living standard of people in the society by creating employment opportunities, by providing good quality products and by using latest technology. It leads the path towards growth and development through optimum utilization of available resources.

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