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Question
What is Management? Explain the nature of management.
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Solution
Management refers to the art of getting the work done with the objective of achieving the goals of the organisation in an efficient and effective manner
The nature of management can be judged from the various principles on which it is based. The following points highlight the nature of principles of management.
The following points highlight the nature of the principles of management:
i. Universal - Universality of management principles implies that they can be applied to every firm, irrespective of its size, nature or location.
ii. Act as guidelines - Management principles act as guidelines; they are considered general premises for decision making. However, they do not provide straitjacket solutions to all problems.
iii. Experiment based - Management principles have been developed through years of research and experimentation; that is why they are technical in nature. They pertain to different working situations and can be modified by managers as per the situations and requirements.
iv. Flexible - Management principles are not rigid in nature. They can be moulded by managers as per the need of the hour.
v. Behavioural - Management principles aim at influencing the behaviour of individuals; the applicability of these principles varies according to changes in human nature.
vi. Indicative of cause–effect relationship - As management principles are based on years of experimentation, they provide a definite cause and effect relationship.
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RELATED QUESTIONS
Explain any four characteristics of ‘principles of management’.
Explain the following principle of management:
Scalar chain
‘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
State the principle of management which refers to concentration of power or authority.
An organisation designed to liberalize and supervise the international trade.
State the features of disaster management.
State the main objective of time study.
Select the proper option from the options given below and rewrite completed Sentence.
14 principles of management are developed by ________.
Select the proper option from the options given below and rewrite completed Sentence.
According to the principle of ________ all employees should be given same treatment.
Match the pairs.
| Group A |
Group B |
| A) Henry Fayol |
1) Eight Foremen |
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B) Principle of Unity of Direction |
2) F.W. Taylor |
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C) Principle of Management |
3) Proper division of all activities |
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D) Scientific Management Theory |
4) General guidelines |
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E) Functional Organization |
5) A place for everything and everything in its place |
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6) One head-one plan |
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7) Low wage rate |
|
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8) Harmony between the employee and management |
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9) German engineer |
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10) Modern Management |
Answer in one sentence.
What is the meaning of principle?
Match the correct pairs.
| Group A | Group B |
| A. Henry Fayol | 1. One Head One Plan |
| B. Principle of Unity of Direction | 2. gangplank |
| C. Nature of principles of Management | 3. to do work in an innovative way |
| D. Principles of Initiative | 4. team spirit |
| E. Principle of Discipline | 5. Father of Modern Management |
| 6. general guidelines | |
| 7. right to take decisions | |
| 8. F W Taylor | |
| 9. remuneration | |
| 10. obey and respect the rules |
Principles of management cannot be ______.
Principles of management are NOT
Which of the following does not apply to Principles of Management :
Principles of Management are not as accurate as principles of Science because ______.
Why is management required in organisations?
Principles serve as broad guidelines for which purpose?
