9/18/2023 0 Comments Business studies class 12 notes![]() (i) Universal Applicability The principles of management are universal in nature that means they can be applied to all types of organisations irrespective of their size and nature. Management principles have been derived on the basis of Management Principles These are the statements of fundamental truth, they serve as a guide to thought and actions for managerial decision actions and their execution. Principle It refers to a statement which reflects the fundamental truth about some phenomenon based on cause and effect relationship.Ģ. So, go ahead and check the Important Notes for Class 12 Business Studies Principles of Management.ġ. With the help of Notes, candidates can plan their Strategy for particular weaker section of the subject and study hard. Candidates who are pursuing in Class 12 are advised to revise the notes from this post.
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