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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
The principle of management which says ‘unity is strength’.
Explain any four characteristics of ‘principles of management’.
Explain the following principles of management:
Harmony, not discord.
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.
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c. Identify any two values which ‘Adharshila Vidyalaya’ communicated to the society
Henry Fayol developed altogether _________ principles of management.
Management is a .......................... science.
There are .................. levels of management in a business organisation.
Name the principle that is an extension of the "harmony, not discord".
If an organisation does not provide the right place for physical and human resources in an organisation, which principle is violated? What are the consequences of it?
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 correct pairs:
| Group A | Group B | ||
| a | Henry Fayol | 1 | Universal |
| b | Principle of unity of command | 2 | Father of Scientific Management |
| c | Time study | 3 | Specific |
| d | F.W. Taylor | 4 | French engineer |
| e | Management principles | 5 | Study the time required to do a job |
| 6 | German engineer | ||
| 7 | One man one boss | ||
| 8 | Study the body movements of the Worker | ||
| 9 | Father of nation | ||
| 10 | One man many bosses |
Discuss the need for the principles of management.
Answer the following question.
Appliances India Ltd. is engaged in the manufacturing and distribution of home appliances since 1987. It has a good name in the market as the company is producing good quality appliances. It has separate departments for manufacturing, finance, sales maintenance services, and technical services to achieve specialization.
Since the areas of operations of the company have increased and customers have become more demanding, the company decided to modify the existing principle of management to meet the changing requirements of the environment.
State the general principle of management which the company wants to modify to meet the changing requirements.
Match the pairs.
| Group A |
Group B |
| A) Henry Fayol |
1) Eight Foremen |
|
B) Principle of Unity of Direction |
2) F.W. Taylor |
|
C) Principle of Management |
3) Proper division of all activities |
|
D) Scientific Management Theory |
4) General guidelines |
|
E) Functional Organization |
5) A place for everything and everything in its place |
|
6) One head-one plan |
|
|
7) Low wage rate |
|
|
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?
What is principle management?
How are principles of management formed?
How are the Management principles derived?
