Hi Pls answer this....

Dear student,
The following five reasons helps to fortify the above statement :

1. The management helps to ensure that the efforts of individuals are coordinated in such a manner such that the common objectives can be achieved.
2.  Business operates in a dynamic environment, management ensures that the available opportunities are tapped as soon as they arise and threats are reduced by taking desired steps. Management ensures continuity and growth of business.
3. Management enables firm to face cut-throat competition by judiciously using resources hence improving efficiency.
4. Management helps in developing human resources through training. It raises standard of living of people.
5. Management helps in boosting the moral of employees and leads them in right direction.


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