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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Timely decisions
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Realistic decisions
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Thoughtful decisions
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None of these
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Detailed explanation-1: -Among the options given above, Functional Foremanship is not a principle of management rather it is a technique of scientific management as given by Taylor. It comprises of the methods or steps to be taken to achieve a desired goal.
Detailed explanation-2: -Functional foremanship is not a Principle of management given by Taylor.
Detailed explanation-3: -Explanation: (b) Principles of management are not based on rule of thumb/hit-and-trial method, but on a scientific approach.
Detailed explanation-4: -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.