Question : Which of the following statement is incorrect regarding the significance of principles of management?
Option 1: Decisions must be based on facts thoughtful and justifiable in terms of the intended purpose.
Option 2: They must be timely realistic and subject to measurement and evaluation.
Option 3: Management decisions taken on the basis of principles have biasness and prejudice.
Option 4: None of the above
Correct Answer: Management decisions taken on the basis of principles have biasness and prejudice.
Solution : Management decisions taken on the basis of principles have biasness and prejudice. Management decisions taken on the basis of principles are free from bias and prejudice. They are based on the objective assessment of the situation.
Hence, option C is correct.
Question : Decisions must be based on facts thoughtful and justifiable in terms of the intended purpose. The given statement shows which significance of principles of management?
Question : They must be timely realistic and subject to measurement and evolution. Which significance of management is being discussed here?
Question : Management principles help in thoughtful decision making they emphasis logic rather than blind faith. The given statement tells us which significance of principles of management?
Question : Which of the following statement is incorrect?
Question : The management principles are flexible to adapt to dynamic business environment. The given statement shows which significance of principles of management?
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