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--- ## **Summary: Nature and Significance of Management** * **Nature**: Management is a **goal-oriented**, **universal**, and **continuous** process that involves coordinating **people**, **tasks**, and **operations** in a dynamic and intangible environment. * **Significance**: Management is important because it helps achieve group goals, improves efficiency, adapts to change, supports employee development, and contributes to societal growth. --- ## **Summary: Principles of ...

## **Summary: Nature and Significance of Management** * **Nature**: Management is a **goal-oriented**, **universal**, and **continuous** process that involves coordinating **people**, **tasks**, and **operations** in a dynamic and intangible environment. * **Significance**: Management is important because it helps achieve group goals, improves efficiency, adapts to change, supports employee development, and contributes to societal growth. --- ## **Summary: Principles of Managem...