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Nature And Significance Of Management

Question
CBSEENBS12003588

Clarify, how management possesses the feature of Art namely the 'Personalised Application'?

Solution
The use of available theoretical knowledge is found in varyingdegree among different persons. For example, two teachers, two players, or two goldsmithswill always differ in performing their jobs. Management possesses this feature of arttoo. There are various principles of management as developed by management experts.Managers apply these principles differently depending on their level of knowledge.Sometimes they may get exactly opposite results while applying the same principles.