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Question
What is meant by principles of management?
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Solution
Principles of management are the basic guidelines for decision making in the course of
management and are needed to be modified by the manager according to the situation and
the requirement.
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|
|
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|
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| Group ‘A’ | Group ‘B’ | ||
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| (6) | Exist only in cyber space | ||
| (7) | Exist everywhere | ||
| (8) | Single buyer | ||
| (9) | Modern management theory | ||
| (10) | Single seller |
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