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Questions and Answers
Why is understanding the nature of management important?
Why is understanding the nature of management important?
- To enforce strict organizational rules
- To reduce employee turnover
- To increase production output
- To improve decision-making and problem-solving (correct)
What is the primary focus of the nature and significance of management?
What is the primary focus of the nature and significance of management?
- Minimizing production costs
- Implementing new technologies for efficiency
- Maximizing individual employee performance
- Coordination of resources to achieve organizational goals (correct)
What is the significance of effective management?
What is the significance of effective management?
- Enhanced organizational performance and productivity (correct)
- Higher production costs
- Increased employee absenteeism
- Decreased customer satisfaction
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