FAQs
Q: What is the importance of industrial management?
A: Industrial Management helps in achieving group goals, it arranges the factors of production, assembles and organizes the resources, integrates the resources in an effective manner to achieve goals. It directs group efforts towards the achievement of pre-determined goals.
Q: What is the concept of industrial management?
A: Industrial management is the organizational process that includes strategic planning, setting; objectives, managing resources, deploying the human and financial assets needed to achieve objectives and measuring results.