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Explain How Principles of Management Help the Managers: (I) in Taking Scientific Decisions; and (Ii) in Providing the Managers with Useful Insights into Real World Situations. - Business Studies

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प्रश्न

Explain how the principles of management help the managers:
(i) in taking scientific decisions; and
(ii) in providing the managers with useful insights into real-world situations.

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उत्तर

Principle of Management helps in

(i) Scientific Decisions - Management decisions should be based on reason and proof rather than beliefs and intuitions. As the principles of management were developed from experiments on real-life problems, they stand the test of logic and reasoning.

(ii) Insights to reality - As management principles are based on years of experimentation and experience, they guide the managers in facing real-world problems in a more effective manner.

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2018-2019 (March) 66/1/3

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संबंधित प्रश्न

Explain any four characteristics of ‘principles of management’.


Explain briefly Unity of Direction and Order as principles of general management.


Explain briefly Remuneration of Employees and Scalar Chain as principles of general management.


Explain briefly Espirit de Corps and Order as general principles of management.


Explain the following principles of management:

Subordination of Individual Interest to General Interest.


Why is it said that principles of management are mainly behavioural in nature?


Explain briefly 'Discipline' and 'Unity of Command' as general principles of management.


Management principles influence .................. .


The principle of management which advocates that work should be divided into small sub‐parts.


State with reasons whether the following statements are True or False

Principles of management are rigid.


The statements which disclose fundamental truth of management.

State the features of disaster management.


What is Management? Explain the functions of Top level and Lower level management.


Bhasin’ limited was engaged in the business of food processing and selling its products under a popular brand. Lately the business was expanding due to good quality and reasonable prices. Also with more people working the market for processed food was increasing. New players were
also coming to cash in on the new trend. In order to keep its market share in the short run the company directed its existing workforce to work overtime. But this resulted in many problems. Due to increased pressure of work the efficiency of the workers declined. Sometimes the subordinates had
to work for more than one superior resulting in declining efficiency. The divisions that were previously working on one product were also made to work on two or more products. This resulted in a lot of overlapping and wastage. The workers were becoming indisciplined. The spirit of teamwork, which
had characterized the company, previously was beginning to wane. Workers were feeling cheated and initiative was declining. The quality of the products was beginning to decline and market share was on the verge of decrease. Actually the company had implemented changes without creating the required infrastructure.

a. Identify the Principles of Management (out of 14 given by Henry Fayol) that were being violated by the company.

b. Explain these principles in brief.

c. What steps should the company management take in
relation to the above principles to restore the company
to its past glory?


Select the proper option from the options given below and rewrite completed Sentence.
Principle that focuses on complete change in the attitude of the employees is known as the principle of ________.


Write a word or phrase or a term which can substitute the following.
The principle of management explaining the importance of fair payment to workers.


Match the correct pairs.

Group A  Group B
A. Henry Fayol  1. One Head One Plan
B. Principle of Unity of Direction  2. gangplank
C. Nature of principles of Management  3. to do work in an innovative way
D. Principles of Initiative  4. team spirit
E. Principle of Discipline  5. Father of Modern Management
  6. general guidelines
  7. right to take decisions
  8. F W Taylor
  9. remuneration
  10. obey and respect the rules

______ is the process of dividing work into manageable activities and then grouping the activities which are similar in nature. 


Which of the following does not apply to Principles of Management :


Explain 'General Guidelines’ as a feature of principles of management.


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