Business Studies, asked by Rahulhaldar, 1 year ago

why are management principles called universal valid

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Answered by Anmol0000
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Universality of management suggests that the manager uses the same managerial skills ·and principles in each managerial position held in various organizations. The universality of management has two connotations as follows-

(i) Management principles can be successfully applied to different types of organizations. In other words, they are applicable to business enterprises, clubs, hospitals, educational institutions, religious and political organizations.

(ii) Management principles are applicable in different economic systems of the world. They have utility in America, England, India and every other country where inputs are to be converted into outputs.

Answered by adithyakrishnan6137
0

Answer:

Management principles is said to be universal valid because these are applicable in all types of organisations, at all levels and at all times.

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