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Question
State with reasons whether the following statement true or false:
Principles of management are rigid.
Options
True
False
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Solution
The statement is False.
Explanation:
- Principles of management are flexible in nature. It means that they can be moulded as per the need of the hour or as per the requirement.
- Management principles are intended to be implemented in a variety of settings and can be tailored to the needs and conditions of an organisation.
- Unlike scientific rules, which are globally unchanging, management principles allow for flexibility and adaptation to meet individual organisational needs, cultural variations, and changing circumstances.
- Management principles are general guidelines, not strict rules. Their application depends on the circumstances faced by the organization.
- This adaptability is critical because it enables management methods to remain relevant and effective in a constantly changing company environment.
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