Management helps in achieving group goals: Management is required not for itself but for achieving the goals of the organisation.
Management increases efficiency: It reduces costs and increases productivity through better planning, organising, directing, staffing and controlling the activities of the organisation.
Management creates a dynamic organisation: Management helps people adapt to the constant changes that happen continuously in a business environment.
Management helps in achieving personal objectives: A manager motivates and leads his team in such a manner that individual members are able to achieve personal goals while contributing to the overall organisational objective.
Management helps in the development of society: An organisation has multiple objectives to serve the purpose of the different groups that constitute it. In the process of fulfilling all these, management helps in the development of the organisation and through that, it helps in the development of society.
