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Nature and Significance of Management — Business Studies STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceBusiness StudiesNature and Significance of Management1 Mark
Question
Clarify the equation: Anything - Management = Zero.
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Answer

It means that if management is absent in any activity or function, whether economic or non-economic, the result will be zero, i.e. lack of achievement of goals.

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