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How can management play an important role in promotion of productivity?
Productivity means that more number of goods or output through the same amount resources or input.Management can play a significant role in promotion of productivity. The given are the scope for management within this regard as:
a. Material
b. Labour
c. Plant, Eqpt & Machinery,
• Provisioning improved tools,
• Attachments and devices,
• Ensuring proper maintenance
d. Land and Building:
• appropriate lay out to accommodate more machinery,
• Correct orientation, construction and condition inside of the building.
What are the advantages of budgets? The advantages of budget are as given below: a. Policy plans and actions considered are all reflected within the budgetary control system
tell me the functions of lower management ?
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