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प्रश्न
Explain 'Universal Applicability' as a feature of principles of management.
Explain the following characteristic of principles of management.
Universal applicability
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उत्तर
Management principles can be used globally in any circumstance, subject to the conditions and requirements of the situation. For example, regardless of size (small, medium, or large), every business must adhere to sales and marketing concepts in order to sell their products/services. However, techniques to sales and marketing will differ based on the nature of the product/service and the representative industry.
संबंधित प्रश्न
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The principle of management which advocates that work should be divided into small sub‐parts.
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Principles of management are rigid.
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An organisation designed to liberalize and supervise the international trade.
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The one who is known as father of modern management.
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.
Write a word or phrase or a term which can substitute the following.
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Write a word or phrase or a term which can substitute the following.
The statements of fundamental truth of management.
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How are the Management principles derived?
Match the correct pairs:
| Group ‘A’ | Group ‘B’ | ||
| (a) | Henry Fayol | (1) | It is the process of instructing, guiding, communicating and motivating |
| (b) | Directing | (2) | Scientific Management theory |
| (c) | Responsibility towards Government | (3) | It is the process of recruiting, selecting, placing and remunerating |
| (d) | Digital cash | (4) | To earn profit |
| (e) | Monopoly | (5) | Respecting rules and regulations |
| (6) | Exist only in cyber space | ||
| (7) | Exist everywhere | ||
| (8) | Single buyer | ||
| (9) | Modern management theory | ||
| (10) | Single seller |
