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Question : Which of the following is not an importance of management in the modern business world?

Option 1: Facilitating teamwork
 

Option 2: Enhancing decision-making
 

Option 3: Reducing competition

    

Option 4: Promoting innovation


Team Careers360 4th Jan, 2024
Answer (1)
Team Careers360 21st Jan, 2024

Correct Answer: Reducing competition

    


Solution : The correct answer is (c) Reducing competition

Management does not directly aim to reduce competition in the modern business world. In fact, competition is a natural and integral part of the business environment. Instead, management focuses on various other aspects to ensure the success and growth of the organization.

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