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Which of the following statements is false?
Administrative Principles
Fundamental rules and guidelines related to the organization and management of businesses, focusing on efficiency and planning.
Contemporary Businesses
Modern business enterprises that operate in the current market environment, characterized by rapid technological advancements, globalization, and changing consumer preferences.
Functions of Management
The essential roles and activities managers engage in to achieve organizational goals, commonly identified as planning, organizing, leading, and controlling.
Management Functions
Outlines the primary tasks and responsibilities of managers, typically including planning, organizing, leading, and controlling.
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