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Q.

Principles of management provide managers with useful insights into reality. Which of the following statements explains this appropriately?

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a

Adds to managerial knowledge

b

Enables managers to learn from past mistakes

c

Helps managers conserve time by solving recurring problems quickly

d

All the  above

answer is D.

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Detailed Solution

Principles of management act as a base for managers to act accordingly. it enables them to analyze past mistakes and use proper principles for solving recurring problems.

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