Question : The principles are guidelines to actions but do not provide readymade solutions to all managerial problems. The given statement tells about which nature of principles of management?
Option 1: Flexible
Option 2: General guidelines
Option 3: Cause and effect relationships
Option 4: Universal applicability
Answer (1)
27th Jan, 2024
Correct Answer: General guidelines
Solution : The principles are guidelines to action but do not provide readymade solution to all managerial problems. This is so because real business situations are very complex and dynamic and result of many factors.
Hence, Option B is correct.
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