Question : The principles of management are:
Option 1: Specific to each industry
Option 2: Subjective and varying
Option 3: Universal in nature
Option 4: Flexible and adaptable
Correct Answer: Universal in nature
Solution : The correct answer is (c) Universal in nature.
The principles of management are considered universal in nature, meaning they apply to all industries and organizations. These principles are based on fundamental concepts and practices that have been observed and developed over time through the study and analysis of successful managerial practices across various industries. While the application of these principles may vary in different contexts, the underlying principles themselves remain constant.
Question : Which of the following is not a feature of principles of management?
Question : The principles of management are not rigid prescriptions which have to be followed absolutely. The given statement about which nature of principles of management?
Question : The feature of universal applicability in principles of management implies that:
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