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1. Management is the study of managerial experiences.
2. Theoretical research can be combined with practical experiences in management.
3. Managerial experiences can be passed from practitioners to the students for continuity in the knowledge of management.
4. Managerial principles can be deduced from a study of experiences of managers.
5. Management principles help to guide future managers in efficient management of organization or improving management practice.
6. Management principles can be applied in different situations subject to cultural and environmental influences, that is, they are universally applicable
Judiesiz answered the question on November 17, 2017 at 20:12
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