Question : Management principles help in thoughtful decision making they emphasis logic rather than blind faith. The given statement tells us which significance of principles of management?
Option 1: Meeting changing environment requirements.
Option 2: Scientific decisions
Option 3: Optionalisation utilization of resources
Option 4: None of the above

Question

Question : Management principles help in thoughtful decision making they emphasis logic rather than blind faith. The given statement tells us which significance of principles of management?

Option 1: Meeting changing environment requirements.

Option 2: Scientific decisions

Option 3: Optionalisation utilization of resources

Option 4: None of the above

Team Careers360 · Accepted Answer

Correct Answer: Scientific decisions

Solution : Decisions based on management principles tend be more realistic and free from personal bias. They must be timely realistic and subject to measurement and evaluation.

Hence, Option B is correct.

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Related Questions

Question : Decisions must be based on facts thoughtful and justifiable in terms of the intended purpose. The given statement shows which significance of principles of management?

Question : The management principles are flexible to adapt to dynamic business environment. The given statement shows which significance of principles of management?

Question : Principles of management limit the boundary of managerial discretion so that the decisions may be free from personal prejudices and biases. The given statement tells us about which significance of principles of management?

Question : The principles are in the nature of general guidelines but they are modified and as such help managers to meet changing requirements of the environment. Which significance of principal of management is discussed here?

Question : They must be timely realistic and subject to measurement and evolution. Which significance of management is being discussed here?

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