Question : Management principles provide an effective and dynamic leadership and help the organisation to implement the changes. The given statement shows of which significance of principle of management?
Option 1: Scientific decision
Option 2: Meeting with changing in environmental requirements.
Option 3: Providing managers with useful insights into reality
Option 4: None of the above.
Correct Answer: Meeting with changing in environmental requirements.
Solution : 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. In order to survive and grow it is compulsory for an organisation to continuously adapt itself as per changing business environment
Hence, Option B is correct.
