CMA Foundation · Fundamentals of Business Economics and Management · Introduction to Management
Which of the following is a feature that shows management is a universal activity?
Management is universal because its basic principles and functions such as planning, organising and controlling apply to every type of organisation, including businesses, hospitals, schools and government offices. Universality does not mean identical results or that management exists only in large firms or at the top level.
- AManagement principles are applicable in business, hospitals, schools and government offices alikeCorrect
- BManagement always produces identical results in every organisation
- CManagement is required only in large companies with many employees
- DManagement is restricted to the top level of an organisation
Explanation
Universality means the basic management functions and principles apply to all types of organisations, whether commercial or non-commercial, though the way they are applied differs. It does not mean identical results, nor is management confined to large firms or top levels.
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