Question

‘The principles of management do not provide readymade solutions to all managerial problems as real business situations are very complex and dynamic and are a result of many factors.’ This statement highlights which of the following features of principles of management:

Options

• General guidelines

• Flexible

• Contingent

• Mainly behavioural

Answer 1

General guidelines

Explanation:

The statement makes it clear that management principles don’t always yield the best answers because real-world business situations are so complicated. This makes it clear that these principles are not strict rules but rather general suggestions. Although they give us a way to think about and solve management problems, they need to be used with care and adapted to the situation.