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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cause and effect relationship
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mainly behavioural
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contigent
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general guidelines
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Detailed explanation-1: -Principles of management do not provide readymade solution to all managerial problems because principles provide general guidelines to managers whereas real business situations are extremly complex and not based on theoretical knowledge.
Detailed explanation-2: -The principal of management are general guidelines to action but do not provide readymade solutions. Explanation: Principles of management are general guidelines which are formulated to help manage a business and take decisions in certain situations.
Detailed explanation-3: -The principles of management are intended to establish cause and effect relationship so that the findings can be applied to such given situations frequently. The principles of management tell the likely effect if a certain principle is applied.
Detailed explanation-4: -Principles of management are broad and general guidelines for decision making and behaviour.