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Question : The principles of management are:

 

Option 1: Specific to each industry

Option 2: Subjective and varying

Option 3: Universal in nature

Option 4: Flexible and adaptable


Team Careers360 1st Jan, 2024
Answer (1)
Team Careers360 3rd Jan, 2024

Correct Answer: Universal in nature


Solution : The correct answer is (c) Universal in nature.

The principles of management are considered universal in nature, meaning they apply to all industries and organizations. These principles are based on fundamental concepts and practices that have been observed and developed over time through the study and analysis of successful managerial practices across various industries. While the application of these principles may vary in different contexts, the underlying principles themselves remain constant.

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