- Satisfying the needs or wants of the public.
- Creation of job opportunities.
- It provide sources of revenue for the government.
- It create market outlets for the suppliers of raw materials.
- It is also important to the workers by providing them with the personal satisfaction of their needs and comfort in the establishment.
- It contributes towards the economic growth and development of the country and the standard of living of people.
-
What are the Importance of Management?