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What is the primary purpose of management principles in an organization?
What is the primary purpose of management principles in an organization?
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Practice Questions
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Q1
What is the primary purpose of management principles in an organization?
To increase employee satisfaction
To ensure efficient resource utilization
To enhance customer service
To reduce operational costs
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Management principles are designed to ensure efficient resource utilization, which is crucial for achieving organizational goals.
Questions & Step-by-step Solutions
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Q
Q: What is the primary purpose of management principles in an organization?
Solution:
Management principles are designed to ensure efficient resource utilization, which is crucial for achieving organizational goals.
Steps: 5
Show Steps
Step 1: Understand that management principles are guidelines for how to run an organization.
Step 2: Recognize that these principles help in organizing resources like people, money, and materials.
Step 3: Realize that using resources efficiently means getting the most out of what you have.
Step 4: Know that when resources are used well, the organization can reach its goals more effectively.
Step 5: Conclude that the primary purpose of management principles is to help organizations achieve their goals by using resources efficiently.
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