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BUS105 TMA1 10

The essential characteristic of __ is that knowledge is based not on emotions or sentiments but on systematic measurement and objectivity.
Science

The _ of management is a dynamic one; that is, it is always undergoing changes.
Environment

The manager must comply with the legal requirements for establishing and operating his _
Business

The social __ concerns the norms, tastes, and habit of the target population in the community.
Environment

_ has important characteristics which must be taken into consideration.
Objective

A _ is a guide to action and provides the direction that all organizational efforts will follow.
Policy

Management is important to any level in an __. In other words, whatever position you find yourself in an organization, you will feel the presence of management.
Organization

Government policies determine business practices and investment climate in the _.
Economy

__ is a word used by different people with varying meanings.
Management

The word "Administration" concerns the laying down of __.
policies