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It is also about how organizations should function so as to establish their footprint in the global market. Principles of management 35 taken while practising management, principles help managers to take decisions while performing these functions. It doesnt matter how brilliant your work is if the project as a whole is twice as ex pensive as intended, or a year late. Principles of management mg2351 unit i overview of management definition management role of managers evolution of management thought organization and the environmental factors trends and challenges of management in global scenario.
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