The principles of management apply to both not-for-profit organizations as well as profit-seeking companies.

Name: The principles of management apply to both not-for-profit organizations as well as profit-seeking companies.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The principles of management are universal and can be applied across different types of organizations, including both not-for-profit organizations and profit-seeking companies, as they both require planning, organizing, leading, and controlling to achieve their objectives.

The Principles of Management Apply to Both Not-For-Profit Organizations as Well