Getting Maximum Results with Minimum Efforts
Describe ‘Getting Maximum Results with Minimum Efforts’ objectives of management.
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The objective management is to secure the maximum outputs with minimum efforts and resources. Management is fundamentally concerned with thinking and utilizing human, material and financial resources in such a way that would outcome in the best combination. This combination outcome in the reduction of different costs.
How can you state that the Management integrates or incorporates Human, Physical and Financial Resources?
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