Brief note on universal applicability in nature of principles of management
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Universal applicability means applied everywhere in the world ....
Principle of management are universal in nature as these are applicable at everyplace and everywhere in the world .
These principles are applied in every organisation,clubs, banks, management etc ..
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(1) Universal Applicability: Universality refers to that truth which is equally applicable in all spheres (both business and non-business). The principles of management are also universal in nature. ... The principles of management are not definite like the principles of physics and chemistry.
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