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Questions
Explain 'Universal Applicability' as a feature of principles of management.
Explain the following characteristic of principles of management.
Universal applicability
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Solution
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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Principles of management are rigid.
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what makes principles of management flexible ?
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Write a word or phrase or a term which can substitute the following:
The one who is known as father of modern management.
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(ii) in providing the managers with useful insights into real-world situations.
Answer in one sentence.
What is the meaning of principle?
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.
Explain 'General Guidelines’ as a feature of principles of management.
Principles of management improve the efficiency of employees.
