Question : The feature of universal applicability in principles of management implies that:
Option 1: The principles apply to all industries and organizations
Option 2: The principles are only applicable to large organizations
Option 3: The principles are specific to certain cultures
Option 4: The principles are limited to specific departments
Correct Answer: The principles apply to all industries and organizations
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.
