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Write a Word Or Phrase Or a Term Which Can Substitute Each One of the Following. the Statements of Fundamental Truth of Management. - Organisation of Commerce and Management

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प्रश्न

Write a word or phrase or a term which can substitute the following.
The statements of fundamental truth of management.

एक शब्द/वाक्यांश उत्तर
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उत्तर

The statements of fundamental truths of management: Management principles
Explanation-
Management principles are the basic truths that govern managerial behavior. They help managers in taking managerial decisions and guide them in taking the future course of actions.

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पाठ 6: Principles of Management - Write a word or phrase [पृष्ठ १५१]

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मायकल वाझ Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board
पाठ 6 Principles of Management
Write a word or phrase | Q 8 | पृष्ठ १५१

व्हिडिओ ट्यूटोरियलVIEW ALL [1]

संबंधित प्रश्‍न

Explain briefly Initiative and Esprit de Corps as principles of general management


What is meant by principles of management?


Explain the following principles of management:

Science, not rule-of-thumb.


State with reasons, whether the following statement is True or False:

Principles of management improve the efficiency of employees.


 Henry Fayol developed altogether _________ principles of management.


 Management is a .......................... science.


If an organisation does not provide the right place for physical and human resources in an organisation, which principle is violated? What are the consequences of it?


Explain the principle of ‘Scalar Chain’ and gang plank.


State with reasons whether the following statement true or false:
The principles of equity says that the employees should be differentiated while distributing the work and making payment.


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.


Answer in one sentence.

What is the meaning of principle?


Which nature is not present in Principles of management?


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.

“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.” Identify the principle of Management being followed here:


Match the NATURE of PRINCIPLES OF MANAGEMENT in Column I with their correct EXPLANATION in Column II.

  Column I   Column II
(1) Universal applicability (i) Direct but do not provide readymade, straitjacket solutions
(2) General guidelines (ii) Not rigid prescriptions, can be modified as per the situation
(3) Flexible (iii) Aim at influencing behaviour of human beings
(4) Behavioural (iv) Applicable to all types of organizations

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


Principles of management provide managers with useful insights into reality. Which of the following statements explain this appropriately:


How are the Management principles derived?


"M/s J.K. Computers’ is a small organisation engaged in assembling of computers. In this organisation, decision making rests with top management while the middle level is involved in only the implementation of plans. On the other hand, ‘Progressive Computers Ltd." is a large company where a number of people from each level are involved in the decision-making process.

The application of the principle of ‘Centra- lisation and Decentralisaton’ is different in the two organisations as the situation in each enterprise is not same.

From the following identify the nature of principles of management: 


Principles of management improve the efficiency of employees.


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