Question

Q6: Davinder is a class twelfth commerce student in a reputed school in Punjab. Satinder is his elder brother who is doing his Masters in Hospital Administration from Delhi after completing his B.Sc course. During vacations when Satinder comes home, Davinder shows him the business studies project that he is preparing on the topic ‘Principles of Management’. Satinder tells him that these principles are also a part of MBA course curriculum at the beginner’s level as they form the core of management in practice. But he finds these principles different from those of pure science.
In context of the above case:
(a) Outline the concept of principles of management.
(b) Why does Satinder find the principles of management different from those of pure science?
(c ) Explain the following principles:
(1) Principle which resembles to military organisation.
(2) Principle which prescribed one head and one plan.(4)

Answer 1

Management principles are defined formally  as the "activities" "planning, organising & control the operations of the fundamental elements of [people], resources, machinery, money, methods,  & market,  providing guidance, coordination & leadership for manpower efforts in order to attain the corporate objectives

Explanation:

a) Principle of management is process which comprises planning, organising, directing, controlling and coordinating of organisational resources.  

b) It is true that while it is easy to prove the practical importance of natural sciences, management cannot really be stated in the same way, in the manner which he cannot cure a heart disease. Satinder sees the management concepts vary from the pure sciences..

c) 1) Army organisations are the oldest entity where the highest decision making power and the least decision-making are put at the bottom..  The principle of 'Unity of Command' resembles a military organisation. According to this principle, an employee should be answerable to just one superior. This principle plays an important role in management. he principle of 'Unity of Command' resembles a military organisation

2) Principle of unity of direction implies that there should be 'one head and one plan' for a group of activities having the same objective

To know more:

Outline the concept of principles of management

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