BUSINESS ADMINISTRATION
PRINCIPLES AND PRACTICE OF MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Where are principles of management applied.
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In business
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In non business
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In personal life
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All of the above
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Explanation:
Detailed explanation-1: -Management principles apply to all organizations-large or small, for-profit or not-for-profit. Even one-person small businesses need to be concerned about management principles because without a fundamental understanding of how businesses are managed, there can be no realistic expectation of success.
Detailed explanation-2: -At the most fundamental level, management is a discipline that consists of a set of five general functions: planning, organizing, staffing, leading and controlling.
Detailed explanation-3: -According to Henri Fayol, there are 14 management principles.
There is 1 question to complete.