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QB365 Question Bank Software Important Questions 12th Standard CommercePart A 130 x 1 130 1) Management is an ___ (a) Art(b) Science(c) Art and Science(d) Art or Science 2) Scientific management is
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Management is considered to be the process of planning, organizing, leading, and controlling an organization's resources to achieve specific goals efficiently and effectively.
Typically, corporate executives, managers, and organizations must file management reports, depending on the regulatory requirements applicable to their industry.
To fill out management reports, one should gather relevant data, follow the prescribed format, ensure compliance with regulations, and submit the report by the required deadline.
The purpose of management reporting is to provide insights into organizational performance, support decision-making, and ensure accountability.
Management reports must include financial performance metrics, operational data, compliance information, and other relevant insights that help assess organizational performance.
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