Question : The feature of flexibility in principles of management means that:
Option 1: The principles can be customized for each organization
Option 2: The principles are rigid and unchangeable
Option 3: The principles are based on subjective opinions
Option 4: The principles cannot be modified
Correct Answer: The principles can be customized for each organization
Solution : The correct answer is (a) The principles can be customized for each organization.
The feature of flexibility in principles of management implies that these principles can be adapted and customized to suit the specific needs, goals, and characteristics of each organization. While the fundamental principles remain constant, their application can be tailored and adjusted to accommodate the unique circumstances and context of different organizations. This flexibility allows managers to apply the principles in a way that aligns with their organization's industry, culture, size, and other relevant factors.
Question : Which of the following statement is correct regarding the principles of management?
Option 1: The principles of management are rigid prescriptions which have to be followed absolutely.
Option 2: The principles of management do not apply to all types of organisations.
Option 3: The principles aim at influencing behaviour of human beings.
Option 4: None of the above.
Question : The principles of management are:
Option 1: Fixed and unchangeable
Option 2: Universal and flexible
Option 3: Specific to each organization
Option 4: Derived from accounting principles
Question : Which of the following is not a feature of principles of management?
Option 1: Ethical considerations
Option 2: Specific to each organization
Option 3: Flexible and adaptable
Option 4: Universal applicability
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