'The principles of management are not rigid prescriptions, these can be modified by the manager when the situation so demands.' What nature of principles of management has been indicated in above statement?
This question was previously asked in
Shift 29/05/2023 3:30 PM - 6:30 PM
Correct Answer
Detailed Explanation
The principles of management are not rigid prescriptions, which have to be followed absolutely. They are flexible and can be modified by the manager when the situation so demands. They give the manager enough discretion to do so. The flexibility of these principles allows managers to adapt their strategies and approaches based on the unique circumstances they encounter.
General guidelines: The principles are guidelines to action but do not provide readymade, straitjacket solutions to all managerial problems. This is so because real business situations are very complex and dynamic and are a result of many factors.
The term "contingent" reflects the idea that the application of management principles is contingent upon the specific context and conditions.
Mainly Behavioural : Management principles aim at influencing behaviour of human beings. Therefore, principles of management are mainly behavioural in nature.
Get Dubuddy App
Practice on the go with our mobile app
More CUET Questions
Arrange the Channels of Distribution in order for a consumer product
A. Consumer
B. Retailer
C. Wholesaler
D. Producer
Choose the correct answer from the option given below:
Staffing is the part of which functional area of Management ?
Arrange the steps of Controlling process in a logical sequence.
A. Measurement of Actual performance
B. Setting performance standards
C. Taking Corrective action
D. Comparison of actual performance with standards
E. Analysing deviations
Choose the correct answer from the options given below:
Select from following who is considered Risk taker
Test Series
CUET Subjects
Your CUET Journey Starts with DuBuddy
CUET ki Practice Means DuBuddy Pe Practice