Question

i) Universal applicability:
ii) General guidelines:
iii) Formed by practice and experimentation:
defination pts for all the nature of principle of management​

Answer 1

Explanation:

i) Universal Applicability: Universality refers to that truth which is equally applicable in all spheres (both business and non-business). The principles of management are also universal in nature.

ii) A guideline aims to streamline particular processes according to a set routine or sound practice. Guidelines may be issued by and used by any organization (governmental or private) to make the actions of its employees or divisions more predictable, and presumably of higher quality. A guideline is similar to a rule.

iii) The Nature/Features/Characteristics of Management Principles

Universal application: ...

General guidelines: ...

Evolutionary/formed by practice and experiments: ...

Flexibility: ...

Behavioural in nature: ...

Based on cause and effect relationship: ...

Contingent:

Answer 2

• i ) niversal applicability of principles of management' means that the principles of management are intended to apply to all types of organisations at all places...

• 2 ) The principles of management are not definite like the principles of physics and chemistry. The principles of physics and chemistry are very clear and definite, and their outcomes can be predicted. The principles of management, on the other hand, are of the nature of general guidelines, and they cannot be applied strictly....

• iii ) • The following points bring out the nature of principles of management: °

• (1) Universal Applicability:

• Universality refers to that truth which is equally applicable in all spheres (both business and non-business). The principles of management are also universal in nature.

• (2) General Guidelines:

• The principles of management are not definite like the principles of physics and chemistry. The principles of physics and chemistry are very clear and definite, and their outcomes can be predicted.

• (3) Formed by Practice and Experimentation:

• (3) Formed by Practice and Experimentation:Principles of management are the results of various problems faced by the professional people. First of all problems appeared and then through careful research work solutions were found. Thus, we recognise the solutions, found with the help of practice and experience, as principles of management....

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