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The Statements Which Disclose Fundamental Truth of Management. - Organisation of Commerce and Management

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Question

The statements which disclose fundamental truth of management.
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Solution

Principal of Management

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2014-2015 (October)

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What is meant by 'efficiency' in management?


Why is it said that principles of management are mainly behavioural in nature?


‘Adharshila Vidyalaya’ believes in holistic development of students and encourages team building through a mix of curricular, co-curricular and sports activities. On its Founders’ Day, a stage performance had to be put up. A committee of ten prefects was constituted to plan different aspects of the function. They all decided to use recycled paper for decoration. As there was a spirit of unity and harmony and all members supported each other with mutual trust and belongingness, the programme was systematically planned and executed. Arvind, one of the prefects, realised that unknowingly the group had applied one of the principles of management while planning and executing the programme. He was so inspired by the success of the function, that he asked his father to apply the same principle in his business. His father replied that he was already using this principle.

a. Identify the principle of management applied for the success of the programme.
b. State any two features of management highlighted in the above paragraph.
c. Identify any two values which ‘Adharshila Vidyalaya’ communicated to the society


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Principles of management improve the efficiency of employees.


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  Group A   Group B
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Explain meaning of principles of management and discuss the nature principles of management.


______ is the process of dividing work into manageable activities and then grouping the activities which are similar in nature. 


Management principles are contingent or dependent upon the situations prevailing in the organization. Which is the correct explanation associated with this statement?


______ principle of management is being violated if management does not fulfill its promise to increase wages of the workers after the mission is accomplished. 


Principles of management provide managers with useful insights into reality. Which of the following statements explain this appropriately:


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The task of getting things done by others is known as management.


Explain 'Universal Applicability' as a feature of principles of management.


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