IMPORTANCE

MANAGEMENT TO
AN ORGANIZATION
GROUP TASK
 MUHAMMAD AIMAN HAKIM BIN ISMAIL 2022871274

MUHAMMAD AKMEL ZUREN BIN ROHAIZAD 2022891014

DANISH DANIAL BIN MOHD ASRON AFFANDI 2022643976

MUHAMMAD AMAFI AUFA BIN ASMADI 2022617212

AFFENDI
INTRODUCTION
Management (or managing) is the process of overseeing the
operations of a company, nonprofit, or governmental entity. It is
both the science and the art of managing a company's resources.
Setting an organization's strategy and managing employee (or
volunteer) efforts to achieve goals through the use of available
resources, such as financial, natural, technological, and human
resources, are included in management.

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https://en.wikipedia.org/wiki/Management
IMPORTANCE MANAGEMENT
TO AN ORGANIZATION
MANAGEMENT
EFFICIENTLY UTILIZE
RESOURCES
Management utilizes all resources (physical and human) productively. This
leads to effectiveness in management. Management provides maximum
utilization of scarce resources by selecting the best possible usage in
industry through experts and professionals. This service lead to the use of
their skills and knowledge and proper utilization of resources to avoid
wastage. Thus, means resources are not underemployed or wasted.
 ABILITY TO
ADAPT
Management also enhances adaptation. A dynamic environment
helps the organization change and adapt quickly to the tide of the
market. It becomes easy to meet up the needs of your customers
and the demands of the market.
Efficient management enables an organization to conduct
quality research and development to create new product.
Good management results in maximum output at minimal
cost, which means efficient use of scarce resources. This
leads to a better economy that will be beneficial to society
and increasing the profits of business. Thus, society will
benefit from improved standard of life.
Management helps and leads organizations to reach their
targets and setting key performance indicator (KPI) for
the organization that can enable the team to make smart
decisions about the planning of the teams. This is why
management is essential. When the employees work
together, achieving goals becomes easier and conducive.