BUSINESS ADMINISTRATION
PRINCIPLES AND PRACTICE OF MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Discipline
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Order
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Equity
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Kindness
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Detailed explanation-1: -The principle of order states that “a place for everything (everyone) and everything (everyone) in its (his/her) place”. If there is a fixed place for everything and it is present there, then there will be no hindrance in the activities of the business/ factory.
Detailed explanation-2: -Principles of management are basic activities that can help you plan, organize and control operations related to material, people, machines, methods, money and markets. They provide leadership to human efforts so that they achieve set objectives efficiently.
Detailed explanation-3: -Principle of ‘unity of command’ is violated.
Detailed explanation-4: -The five points of importance of management are achieving organisation goals, achieving individual goals, creating a dynamic environment, developing society, and improving efficiency.