The practice of MBE in management yields benefit in the following way :
- It save personal time
- Concentrative executive effort
- Reduces distortions
- Facilitates broader management coverage
- Lessens frequency of decision making.
- Makes fuller use of knowledge of trends history and available business data.
- Fully utilizes highly paid people on high-return work.
- Identify crises and critical problems.
- Provides qualitative and quantitative yardsticks for judging situations and people.
- Enables inexperienced managers to handle new assignments with a minimum of related experience and training.
- Alerts management to opportunity as well as difficulties.
- Encourages more comprehensive knowledge of all phases of business operations.
- Stimulates communication between different segments of an organization.
Latest posts by BMS Team (see all)
- Meterdown Annual Festival is back with its 7th edition – Starts today! - January 16, 2020
- Tybms sem 6 results 2019 declared on 19th June 2019 - June 19, 2019
- TYBMS Sem 6 Results 2019 Update from BMS khabri! - June 15, 2019