why principal of management are flexible
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The following points bring out the nature of principles of management: (1) Universal Applicability: Universality refers to that truth which is equally applicable in all spheres (both business and non-business). ... Principles of management are the results of various problems faced by the professional people.
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principles of management are the activities that “plan, organize, and control the operations of the basic elements of [people], materials, machines, methods, money and markets, providing direction and coordination, and giving leadership to human efforts
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