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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
Explain the following principle of management:
Discipline
Explain the following principle of management.
Authority and Responsibility
Management principles influence .................. .
Write short note on the following.
Any five principles of management.
State the features of disaster management.
State any two causes of fatigue that may create hindrance in the employee’s performance.
SanakLal and Gagan started their career in Wales Limited (a printing press) after going through a rigorous recruitment process. Since they had no prior work experience, the firm decided to give them one year to prove themselves. Name the principle of management followed by Wales Limited.
How is the Principle of ‘Unity of Command’ useful to management? Explain briefly.
Explain the principle of ‘Scalar Chain’ and gang plank.
Explain the technique of ‘Functional Foremanship’ and the concept of ‘Mental Revolution’ as enunciated by Taylor.
Select the proper option from the options given below and rewrite completed Sentence.
Technique of study of ________ concentrates on the body movements of the worker.
State with reasons whether the following statement true or false:
Principles of management are rigid.
State with reasons whether the following statement true or false:
Principles of management improve the efficiency of employees.
Answer the following question.
Appliances India Ltd. is engaged in the manufacturing and distribution of home appliances since 1987. It has a good name in the market as the company is producing good quality appliances. It has separate departments for manufacturing, finance, sales maintenance services, and technical services to achieve specialization.
Since the areas of operations of the company have increased and customers have become more demanding, the company decided to modify the existing principle of management to meet the changing requirements of the environment.
State the general principle of management which the company wants to modify to meet the changing requirements.
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.
Only some principles of management are important.
Answer in one sentence.
What is the meaning of principle?
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After completing her Bachelors in Fashion Designing from a well-known college in France, Aditi has opened a boutique in a posh market in Kolkata. She has divided the work in smaller units and each employee is well trained to perform his/her task efficiently. The sales persons are allowed to close a deal with a buyer by giving a maximum of 5 percent discount, whereas the decision to give any further discount rests with Aditi as the final authority. In the earlier period of her business venture, employees were asked to put in extra hours of work. In return she had promised to give them a special incentive within a year. Therefore, when the business was doing well, she honour her commitment by giving bonus to her employees. She also instructed her employees that communication from top to bottom should follow the official lines of command. However, she tends to be more biased towards her female employees, when it comes to solve the conflicts among employees. |
“Therefore, when the business was doing well, she honoured her commitment by giving bonus to her employees.” Which principle of management is being highlighted here?
How are the Management principles derived?
