Nature and Significance of Management
In the NCERT Business Studies textbook for Class 12, Chapter 1 Nature and Significance of Management, you meet management as an art, science and profession. The chapter explains the concept, characteristics and objectives of management, and why it is needed at all levels. You study the functions of planning, organising, staffing, directing and controlling, coordination as the essence of management, and how efficient management improves productivity, adapts to change and supports social goals.
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