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Class 12 Business Studies Principles of Management Nature of management principlesExpert

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Which element in the nature of management principles keeps them relevant in changing competition?

Answer and explanation

Correct answer: Flexibility and contextual application

Application may change when competition changes. In exams treat market competition as external context.

Related tags

Principles Competition Contextual-Use Nature Of Management Principles Principles Of Management Business Studies Class 12 Mcq

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