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22. ‘The understanding of principles of …

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22. ‘The understanding of principles of management is necessary for a manager." Do agree with this statement? Give three reasons in support of your answer.

    • Posted by Sanjana Mazumdar 4 years, 9 months ago

    CBSE > Class 12 > Business Studies
    • 1 answers

    Gaurav Seth 4 years, 9 months ago

    • Provide managers with useful insight into reality.
    • Helps in thoughtful decision-making, i.e. scientific decisions.
    • Helps in optimum utilisation of resources and effective administration.
    • Helps the managers in meeting changing environment requirements.
    • Fulfilling social responsibility.
    • Basis of management training, education and research

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