Aarti is the manager of Western division of Prime Power Ltd. The company belongs to infrastructure sector, wherein regular amendments are made in the government regulations and policies. She holds regular meeting to ensure that people in her department are not only aware of the related changes but are also able to adapt to these changes effectively. This helps the company to maintain its competitive edge. She motivates and leadsher team in such a manner that individual members are able to achieve personal goals while contributing to the overall organisational objective. In the process of fulfilling her duties for the growth of the organisation she helps in providing competitive services, adopting new technology, creating more employment opportunities etc. for the greater good of the people at large
Quoting lines from the above paragraph, list and explain the reasons that have made management so important

Explanation

The various reasons mentioned in the above paragraph that have made management so important are stated below
(i) "As a result of her excellent managerial competence the company is able to reduce costs and increase productivity
(ii) The company belongs to infrastructure sector, wherein regular amendments are amde in the government regulations and policies she holds regular meetings to ensure that people in her department are not only aware of the related changes but are also able to adapt to these changes effectively This helps the company to maintain its competitive edge.
(iii)"She motivates and leads her team in such a manner that individual members are able to achieve personal goals while contributing to the overall organisational objective