Question

State two main objectives of management?

Answer 1

Objectives of management 

• Getting maximum result with minimum efforts. The main objectives of management is to secure the maximum output with minimum efforts and resources .Management is basically concerned with utilizing the human and material recourses available to an enterprise for deriving their best result .this leads to reduction in the cost of production 
• Increasing efficiency of factors of production like capital and labour ,management leads to avoidance of wastage of time, money and efforts .this leads to increase in the productivity of all factors of production and, thus encourages the growth of an enterprise.