Why is training important for the organisation? State any three reasons.
Training helps the organisation to make his employee perform better
(i) Training increases employee productivity in terms of quantity and quality, which will lead to higher profits.
(ii) Training equips the future manager who can take over in case of emergency.
(iii) It helps to keep in pace with changing economic and technological environment.
Identify the nature of management when it is said to be systematised body of knowledge that explain certain general truths.
Planning is done for achieving the organisational goals. Do you agree? Give one reason in support of your answer.
Explain how the principles of management:
a. Provide useful insights into the reality and
b. Help in thoughtful decision making.
Explain the technique of scientific management that is the extension of ‘Principle of division of work and specialisation’.
At which level of management are the managers responsible for the welfare and survival of the organisation?
