Management
of Objective: The main objectives of management
are provides below:
1.
Getting Maximum Results with Minimum Efforts:
The main objective of management is to secure maximum outputs with minimum
efforts & resources. Management is basically concerned with thinking and
utilizing human, material and financial resources in such a manner that would
result in best combination. This combination results in reduction of various
costs.
2.
Increasing the Efficiency of factors of Production:
Through proper utilization of various factors of production. Their efficiency
can be increased to a great extent which can be obtained by reducing spoilage,
wastages and breakage of all kinds; this in turn leads to saving of time,
effort and money which is essential for the growth and prosperity of the
enterprise.
3.
Maximum Prosperity for Employer & Employees:
Management ensures smooth and coordinated functioning of the enterprise. This
in turn helps in providing maximum benefits to the employee in the shape of
good working condition, suitable wage system, incentive plans on the one hand
and higher profits to the employer on the other hand.
4.
Human betterment & Social Justice:
Management serves as a tool for the organization as well as betterment of the
society. Through increased productivity & employment, management ensures
better standards of living for the society. It provides justice through its
uniform policies.
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