Impacts,Proper,Management,Educ education Impacts of Proper Management Education on Our Society


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Management education has leveraged its positive impacts oneach of Society, organization and individuals. Management education leads tothe creation ofKnowledge and leads that is essential to find the success incompetitive market of 21st century organizations. Recent Research in the areasof finance, accounting, and marketing, has enhanced organizational success in anumber of areas. The knowledge provided by proper management education has takenon new dimensions by  adding different areasof inquiry that includes derivative pricing, supply chain management, portfoliotheory, decision-making, and quantitative methods. Research initiatives often useto facilitate testing of new management techniques to validate, disapprove or tomeasure their effectiveness and the positive impacts they would have on theoverall Efficiency of the firm. Although it is clearly not in the same league as that for findingthe cure for cancer, management initiatives that includes improving inventorycontrol and portfolio hedging can definitely lead to greater productivity andalso in turn may produce better jobs, better income levels and a much better qualityof life. Management education and research contribute directly to and may evendrive business productivity and it gives strength to organizations directly at almostevery level of corporate activities. Management education leads to the creation of knowledge thatis essential for the success of 21st century organizations and it provides afertile environment for the development and incubation of new ideas. One needsto be a lot more creative and fertile enough to be able to tackle thechallenges that may arise in corporate world that is getting more and morecomplex. In such situations, an MBA degree is need of the hour.   Thus we can say that management education a must today as itprovides significant life-long economic benefit to graduates and Managementeducation’s contribution to theEconomic well being of graduates is a dynamic success storythat does not need much explanation.

Impacts,Proper,Management,Educ

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Parul University very famously called as PU in Vadodara, Gujarat, is one of the well-known private universities of the state. The university was established in 2015 under the Gujarat Private Universities Act, 2009. The university is approved ...

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