Answer. Algorithm is a sequence of instructions designed in such as a way that if the interactions are executed in the specified sequence, the desired results will be obtained.
1. Management is an activity 2. Management is a purposeful activity. 3. Management is concerned with the efforts of a group. 4. Management applies economic principles. 5. Management involves decision making. 6. Management is getting things done through others. 7. Management is an integrating process. 8. Management co-ordinates all activities and resources. (i) Management is a universal activity. (ii) Management is dynamic not rigid.
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