English

“Management is universal.” Comment.

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Question

“Management is universal.” Comment.

Short Answer
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Solution

Management is universal in the sense that it is a common and essential element in all enterprises. Management is universal in the following sense:

  • First, managerial skills are transferable from one person to another.
  • Secondly, management skills can be transferred from one organisation to another.
  • Thirdly, managerial skills can be imported and exported from one country to another.
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Chapter 5: Management - Meaning, Nature and Importance - EXERCISES [Page 137]

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C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 5 Management - Meaning, Nature and Importance
EXERCISES | Q 10. | Page 137

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