Question

Which of the following pairs correctly lists two key points of the significance of management principles?

Options

• Product branding and sales promotion

• Insights to managers and Optimum use of resources and effective administration

• Tax evasion and price fixing

• Recruitment and payroll processing

Answer 1

Both "Insights to managers" and "Optimum use of resources and effective administration" are among the six key points; the other options are unrelated business activities.