Why have management principles gained importance these days? – InterviewSolution

InterviewSolution

1.	Why have management principles gained importance these days?
Answer» Management principles have gained importance these days because of professionalisation of management. It also Improves Understanding - From the knowledge of principles managers get indication on how to manage an organization. The principles enable managers to decide what should be done to accomplish given tasks and to handle situations which may arise in management. These principles make managers more efficient.

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