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Explain 'General Guidelines’ as a feature of principles of management. - Business Studies

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Explain 'General Guidelines’ as a feature of principles of management.

Explain the following feature of principles of management:

General guidelines

Explain
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Solution

General guidelines provide general principles for taking action and making decisions, but they do not supply preset answers because the corporate environment is changing or dynamic. Real-world business situations are complex and dynamic, affected by multiple elements. E.g. When dealing with conflicts across departments, managers ought to put the organization's broader aims over individual interests (subordination principle).

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2022-2023 (March) Delhi Set 1

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