Question : Principles of management can be modified by the manager according to the situation. The given statement tell us about which nature of principles of management?
Option 1: Universal applicability
Option 2: General guidelines
Option 3: Contingent
Option 4: Flexible
Answer (1)
23rd Jan, 2024
Correct Answer: Flexible
Solution : Principles of management are not rigid prescriptions which have to be followed absolutely. Principles of management do not provide any hard and fast tools and they have to be modified as per changes in the business environment.
Hence, Option D is correct.
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