The objective of Management is to maximize profits
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24 comments Page 3 of 3.
Pinki said:
2 decades ago
Management is both a science and an art of maximising profits and managing time. It is an art as it is not subject to constraints in the way that it can done in any manner; and a science in the manner that the basic principles underlying the management remain the same like the profits can be improved by increasing the sales. Though money making can be the prime motto; it can be possible only with Human resource management, time management and marketing skills.
(4)
Rohit said:
2 decades ago
Management is directly related to profit because i think management means to utilize our available resource effectively and efficiently. If anyone use its resource in a good way the he/she automatically gain profit.
(5)
Vibhor said:
2 decades ago
In some sense management is directly related to increase the profits.As good manager is the one who can manage every problem with easiness with best possible resources available that will ultimately help the organisation in building more profits.
So management and profits are related.
So management and profits are related.
(1)
Pretty said:
2 decades ago
Management and profits are related if buisness is properly manged then only it can leads to profits. Basic objective of management is to utilize the available resources in a most effficent way so as to earn higher profits.
(3)
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