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Question : The principles of management do not provide readymade strait jacket solutions to all managerial problems. Which nature of principles of management is highlighted in the given statement?

Option 1: General guidelines

Option 2: Flexible

Option 3: Universal application

Option 4: Formed by practice and experimentation


 


Team Careers360 10th Jan, 2024
Answer (1)
Team Careers360 18th Jan, 2024

Correct Answer: General guidelines


Solution : Management principles do not provide readymade solutions. They have to be adjusted as per demand of the situation. This is because real business situations are very complex and dynamic.

Hence, option A is correct.

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