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Some common knowledge points in business management include understanding the basics of financial management, effective communication, strategic planning, understanding customer needs, and the importance of teamwork. These fundamentals are practiced over and over by successful business managers, much like professional basketball players practice their game.
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Many readers will see these points as common knowledge. But by revisiting these familiar themes, and learning why they work and how they are used effectively should be of value to any reader. Professional basketball players certainly know how to play the game, but the best ones practice the fundamentals over and over. Professional business management is no different.
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Most of the traditional management theories practiced today can somehow be tied to Peter Drucker. Many readers will be familiar with his work, and thi...
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