CBSE Class 12-commerce Answered
Most of the multinational companies make some changes in their products before they launch in a specific country. Which characteristic of management does this indicate?
Asked by purnayyap | 10 Jul, 2019, 08:36: PM
Expert Answer
The statement in the question indicates the dynamic nature of management. According to this characteristic, management is said to be dynamic in the sense that it must continuously adapt to the changing business environment. As the economic, social or political environment changes, the goals and objectives of the organisation must also change accordingly. This will help the organisation to gain success and survive in the market.
Answered by charmi | 11 Jul, 2019, 10:56: AM
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