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Question
Which of the following statements is false with respect to principles of management?
Options
The principles of management are formed by experience and collective wisdom of managers as well as experimentation.
The principles of management are not rigid prescriptions, which have to be followed absolutely.
Management principles aim at influencing behaviour of human beings.
The application of principles of management is not possible in contingent situations.
Solution
The application of principles of management is not possible in contingent situations.
Explanation -
The use of management concepts is contingent or depending on the current situation at a given point in time. Principles must be used differently depending on the situation. Management principles are neither stable nor permanent. Situations or circumstances have an impact on them.