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Questions and Answers
What are the key principles of management?
What are the key principles of management?
- Guidelines for personal growth and societal development
- Guidelines for decision making and behavior, applied creatively (correct)
- Guidelines for financial and marketing functions
- Guidelines for technical skills and creativity
What is the scope of management?
What is the scope of management?
- Focused on individual career development
- Broad, encompassing functions like financial, marketing, production, personnel (correct)
- Only applicable to large corporations
- Limited to financial and marketing organizations
What is the importance of management?
What is the importance of management?
- Reduces efficiency and limits growth
- Is only important for achieving personal goals
- Is only essential for societal development
- Increases efficiency, creates dynamic organizations, and contributes to societal development (correct)
What are the key functions of management?
What are the key functions of management?
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What are the critical tasks of management?
What are the critical tasks of management?
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What is the significance of management for organizations?
What is the significance of management for organizations?
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