Question : Assertion: Fayol's principles of management are applicable to all types of organizations, irrespective of their size.
Reason: These principles are based on fundamental management practices.
Option 1: Both assertions and reasons are correct, and the reason is the correct explanation of the assertion.
Option 2: Both are correct, but the reason is not the correct explanation.
Option 3: The assertion is correct, the reason is incorrect.
Option 4: The assertion is incorrect, the reason is correct.
Correct Answer: Both assertions and reasons are correct, and the reason is the correct explanation of the assertion.
Solution : The correct answer is (a) Both assertions and reasons are correct, and the reason is the correct explanation of the assertion.
The assertion is correct. Fayol's principles of management are indeed designed to be universal and applicable to organizations of all sizes and types.
The reason is correct and explains the assertion. These principles are based on fundamental management practices that are relevant and adaptable across various types of organizations. Therefore, the reason is a correct explanation for the assertion.
Question : Assertion: Fayol's 14 principles of management are applicable to only some types of organizations.
Reason: These principles are based on universal management principles.
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