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Explain 'Universal Applicability' as a feature of principles of management. - Business Studies

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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

स्पष्ट करा
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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.

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2022-2023 (March) Delhi Set 2

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संबंधित प्रश्‍न

Write the word or phrase or term which can substitute the following:

The principle of management explaining about fair payment to workers.


Explain why is it said that principles of management are 'mainly behavioural' and 'contingent' in nature. Also explain how principles of management 'provides managers with useful insights into reality' and 'helps in thoughtful decision-making'.


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


‘Adharshila Vidyalaya’ believes in holistic development of students and encourages team building through a mix of curricular, co-curricular and sports activities. On its Founders’ Day, a stage performance had to be put up. A committee of ten prefects was constituted to plan different aspects of the function. They all decided to use recycled paper for decoration. As there was a spirit of unity and harmony and all members supported each other with mutual trust and belongingness, the programme was systematically planned and executed. Arvind, one of the prefects, realised that unknowingly the group had applied one of the principles of management while planning and executing the programme. He was so inspired by the success of the function, that he asked his father to apply the same principle in his business. His father replied that he was already using this principle.

a. Identify the principle of management applied for the success of the programme.
b. State any two features of management highlighted in the above paragraph.
c. Identify any two values which ‘Adharshila Vidyalaya’ communicated to the society


State with reasons whether the following statements are True or False

Principles of management are rigid.


 Henry Fayol developed altogether _________ principles of management.


State the main objective of time study.


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.


Write short note on the following.
Principle of scalar chain


Only some principles of management are important.


Arrange in proper order.

Coordinating, Staffing, Directing.


Principles of management cannot be ______.


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 principles of management formed?


Which of the following statements is false with respect to principles of management?


How are the Management principles derived?


Management principles are very ______ whereas pure science principles are rigid. 


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


______ principle of management is being violated if management does not fulfill its promise to increase wages of the workers after the mission is accomplished. 


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