This file contains an important lecture on topic Management Science and Accounting. This was prepared by experts. Importance of Management. It helps in Achieving Group Goals - It arranges the factors of production, assembles and organizes the resources, integrates the resources in effective manner to achieve goals. It directs group efforts towards achievement of pre-determined goals.The purpose of accounting is to accumulate and report on financial information about the performance, financial position, and cash flows of a business. This information is then used to reach decisions about how to manage the business, or invest in it, or lend money to it

Introduction to Management +1 more

by Rani Chowdary Mandepudi

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