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What is the importance of management in business world?

Relevant answers:

Of what importance is influence in business management?
Influence is the ability to bring about change and produce results; people derive influence from interpersonal power and authority. Interpersonal power allows organization members to exert influence...
Importance of strategic management in business?
experience and vision connot guarranty success in business.
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how does English become important in today's business world/
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