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Byju's Answer
Standard XII
Business Studies
Order and Communication
Bring out the...
Question
Bring out the importance of management principles.
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Solution
Following are the main importance of the Principles of Management.
Improves Understanding.
Direction for Training of Managers.
Role of Management.
Guide to Research in Management.
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Q.
State the importance/significance of the principles of management.
Q.
What is meant by principles of management? State any three points of their importance.
Q.
Why have the 'Principle of Management' gained importance these days?
Q.
Explain the nature of management principles.
Q.
Management has evloved like a discipline. There are number of books on management Students are learning from there books various principles and theories of management. But all students of MBA do not become successful only by learning there principles. The success depend up creative application of there principles. Today many companies have started giving importance to corporate social responsibility and have started giving importance, etc., Business Ethics.
In the above para one feature of each Science, Art and Profession are given. Identify each one of them by quoting lines
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