XYZ Ltd. is a management oriented company. Time and again all the employees learn from their seniors various ways of dealing with diverse situations. They areprovided training whenever required. They are also given incentives both financial as well as non financial. The result is employees see their development in theorganisation. The organisation tries to behave as a responsible constituent of society and ahvays creates good quality products. It has a very good image in themarket. The training modules are superb and the employees always try to find unique ways of providing solutions in the context of rapidly changing businessenvironment. This has helped the organisation to adjust frequently in a very good manner.Which importance of management is highlighted here? Also identify the lines.

XYZ Ltd. is a management-oriented company that places great importance on the growth and development…

Answered: XYZ Ltd. is a management oriented…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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