BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Management principles are applicable to all kinds of organizations-business & non business. They are applicable to all levels of management. Every organization must make best possible use by the use of management principles. Therefore, they are universal or all pervasive.

Detailed explanation-2: -Management principles apply to all organizations-large or small, for-profit or not-for-profit. Even one-person small businesses need to be concerned about management principles because without a fundamental understanding of how businesses are managed, there can be no realistic expectation of success.

Detailed explanation-3: -Universal-Universality of management principles implies that they can be applied to every firm, irrespective of its size, nature or location. ii. Act as guidelines-Management principles act as guidelines; they are considered general premises for decision making.

Detailed explanation-4: -Answer. Answer: An important feature of management principles is that they are universal in nature. So, it means that answer of this question is TRUE.