Question : Which of the following statement is incorrect for the nature of principle of management?
Option 1: The extent of their applicability would vary with the nature of the organisation
Option 2: The principles are applicable to a government office.
Option 3: The principles are not applicable to a limited company where there are separate departments.
Option 4: None of the above.
Correct Answer: The principles are not applicable to a limited company where there are separate departments.
Solution : The principles are not applicable to a limited company where there are separate departments. The principles of management are intended to apply to all types of organisations business as well as known business small as well as large public sector as well as private sector manufacturing as well as the service sectors. The principles of management are universal applicable.
Hence, option C is correct.
Question : The feature of universal applicability in principles of management implies that:
Question : Which of the following statement is incorrect regarding the nature of principle of management?
Question : The extent of universal application of principles of Management would vary because of which of the following reason?
Question : Statement 1: The management principles used in a manufacturing company may not apply to a service-based organization.
Statement 2: The management principles used in a manufacturing company are applicable to all types of organizations.
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