Fundamentals of Management
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Importance of Management

Image Shows the Importance of Management
Image of the Importance of Management
Attainment of Goals:
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Every organisation has a goal to achieve.
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Each employee in the organisation also has his own goals.
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Each department, each unit or even each group has a goal.
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It’s achieve only through proper management – by well thought of planning,
Stability and Growth:
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Strive to utilise the available resources of the organisation effectively and efficiently.
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Controls the activities and operations, integrates the functions, and motivates the employees.
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Ensures stability to the working of the organisation.
Change and Development:
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Management keeps itself changes in the environment and development in the future.
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Plans are made to keep the organisation ready to meet the challenges.
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Technologies, operations, process as human factors are developed on a continuous basis.
Efficiency and Effectiveness:
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Management helps in achieving efficiency and effectiveness to human efforts and operations.
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By proper planning, staffing, organising, coordinating, directing and its controlling activities.
Levels of Management:
There are certain levels of management with different degree of authority and responsibilities.
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Managers performing various types of duties.
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This three levels of management taken together form the ‘hierarchy of management’.
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Middle-level management is subordinate to the top-level.
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Lower-level is subordinate to the middle-level management.
Three Categories of Level of Management:
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Top-Level Management
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Middle-Level Management
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Lower-Level Management

Three Categories of Level of Management
Three Categories of Level of Management in image