4.Growth and Development of Business: Managerial efforts to be expand and diversity the busi-
ness. It there is a scope to expand the existing business then efforts should be made to develop it
but avenues to enter new avenues should also be explored. It will give stability and strength to the
business.
5.Mobilising best talent : The management should try to employ proper persons in various
fields so that better results are possible. The employment of specialists in various fields will be
increasing the efficiency of various factors of production. There should be proper environment
which should encourage good person`s to join the enterprise. Better pay, scales, proper ameni-
ties, future growth potentialities will attract more people in joining the concern.
6.Promotion of Research : The greatest drawback in India business is its lack luster approach
towards research. Management give hardly any importance to research activities. It restrict
their strength and capacity to compete in the market. There is a need to keep ourself aware of
what is going on in the market and prepare to face it. The promotion of research is the only
answer at present. Management should always try to get benefits of latest technological changes
and ready to face the future with conference and zeal.
7.Minimising risk element: Every business at present is facing global competition. The prod-
ucts from developed countries are flooding markets in India. There is a need to improve overall
working for staying in such a competition. The management should plan the activities in such a
way that business is able to survive, under uncertain conditions. There is a need to minimising
risk element and also to explore newer and better avenues.
6.8 MANAGEMENT ACTIVITIES : From the goals at management , it is clear that management consists of getting things done
through others by directing their efforts in an integrated and co-ordinated manner in order to
attain business activities. It consists of resources. It consists of all organisational activities that
involve goal formation and accomplishment, performance appraisal and the development of an
operating philosophy that ensures organisational survival. An analysis of the above things the
management indicates the following activities.
