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Questions and Answers
What is the main reason for the increasing importance of managing in today's society?
What is the main reason for the increasing importance of managing in today's society?
- The shift towards individual entrepreneurship
- The emergence of new technologies
- The growing role of large and complex organizations (correct)
- The decline of traditional management practices
What has led to the development of a new field of study known as management?
What has led to the development of a new field of study known as management?
- The need to make organizations more effective (correct)
- The emphasis on academic research
- The decline of traditional business practices
- The desire for individual autonomy
What does the text suggest about management in the modern industrial world?
What does the text suggest about management in the modern industrial world?
- It is universal and indispensable (correct)
- It is only relevant to small-scale businesses
- It is becoming obsolete with technological advancements
- It is limited to specific types of organizations
What is described as a crucial economic resource and a life-giving element in business?
What is described as a crucial economic resource and a life-giving element in business?
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What is essential to accomplish desired goals through group action, according to the text?
What is essential to accomplish desired goals through group action, according to the text?
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