Advertisements
Advertisements
Question
Justify the following statement.
Principles of management can be applied universally.
Advertisements
Solution
While achieving the goal of an individual or an organization, it is always important to use different systems or techniques. Some of these techniques are accepted universally, hence, they are called principles. It provides guidelines to managers to conduct all organizational activities on specific bases. It helps the manager to take effective decisions and to achieve organizational goals. These principles are universal and applicable everywhere. The principles of management are universal in nature. That means they can be applied to all types of organizations, irrespective of their size and nature. Their results may vary and applications may be modified but these are suitable for all kinds of organizations. Similarly, they are applicable to all levels of management.
APPEARS IN
RELATED QUESTIONS
Write the word or phrase or term which can substitute the following:
The principle of management explaining about fair payment to workers.
The principle of management which says ‘unity is strength’.
Explain briefly Initiative and Esprit de Corps as principles of general management
What is meant by 'efficiency' in management?
What is meant by principles of management?
Explain the following principles of management:
Harmony, not discord.
State the features of management.
What is Management? Explain the nature of management.
Management is a .......................... science.
Explain the principle of ‘Scalar Chain’ and gang plank.
Write short note on the following.
Nature of management.
Answer in one sentence.
What is the meaning of principle?
Which of the following does not apply to Principles of Management :
"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:
Which set contains the key resources alongside management?
What is a principle?
Principles serve as broad guidelines for which purpose?
