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Write Short Note on the Following. Nature of Management.

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प्रश्न

Write short note on the following.
Nature of management.

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उत्तर

The following points highlight the nature of the principles of management:
i. Universal - Universality of management principles implies that they can be applied to every firm, irrespective of its size, nature or location.
ii. Act as guidelines - Management principles act as guidelines; they are considered general premises for decision making. However, they do not provide straitjacket solutions to all problems.
iii. Experiment based - Management principles have been developed through years of research and experimentation; that is why they are technical in nature. They pertain to different working situations and can be modified by managers as per the situations and requirements.
iv. Flexible - Management principles are not rigid in nature. They can be moulded by managers as per the need of the hour.

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अध्याय 6: Principles of Management - Write short note on the following. [पृष्ठ १५१]

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मायकल वाझ Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board
अध्याय 6 Principles of Management
Write short note on the following. | Q 1 | पृष्ठ १५१

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