Principles of management are not:
A. Application only in large firms
B. Formed by practise and experiance of managers.
C. Flexible
D. Contingent.
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flexible
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Principles of management are not applicable only in large firms.
Option A
Explanation:
- The 'principles of management' are not hard and extremely flexible. Hence, they are applicable is all kinds of firms.
- The manager has enough discretion to modify the principle of management to be applied according to the demands of the position.
- For example, the decision of centralization or decentralization depends upon the situation and the circumstances arising.
- The individual principles are like individual tools that can be applied on the basis of the circumstances by the manager.
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