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Nature and Significance of Management
Question
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At which level of management are the managers responsible for the welfare and survival of the organisation?

Answer

It is at the top level management, managers are responsible for the welfare and survival of the organisation.

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Some More Questions From Nature and Significance of Management Chapter

Explain the phrase 'Management is Multi-dimensional.'

Clarify the meaning of ‘Group Efforts’ in management.

Explain any four characteristics of management.

Explain any five features of management. 

Define management.

Clarify the following equation: Anything - Management = Zero.

Explain, in brief, ‘management’ as an activity.

Explain, in brief, ‘management’ as a process. 

How is Management a 'Goal Oriented Process'?

Management is not visible, it can only be felt. Explain.