Explain five ways in which effective management practices may contribute to the success of a business

      

Explain five ways in which effective management practices may contribute to the
success of a business

  

Answers


Davis
-Proper plans /planning should be put in place so that good results
can be
anticipates to accommodate future changes
-Proper appropriate /relevant strategies so as to achieve (desired)
results
(may be established)
-Setting clear goals/ objectives so as to achieve (intended) results
-Providing / allocating / using (organizational) resources
efficiently/effectively
budgeting used to avoid wastage / misuse / loses to ensure smooth
operation
-Identifying the required skills (training) relevant staff for efficient /
smooth
Githiari answered the question on September 22, 2017 at 22:49


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