The application of the principles of management has to be changed as per the requirements of the prevailing situation at a particular point of time. Which feature of the principles of management is being described in the given statement?
Answers
The application of principles of management has to change as per requirements and situation.
For example one of the Henri Fayol's principles states that increase in salary of employee will increase his efficiency.
But this principle is not applicable every time, employees also need better infrastructure facilities.
So, increase in salary instead of infrastructure will not increase his efficiency
of employee.
So manager should observe and analyse the situation this principle of management is contingent
Hope it helps !
Answer:
Dear Student,
Principles of management are contingent i.e. they are dependent upon the prevailing situation at a particular point in time. Management principles are applied in every situation where the objectives are attained through group efforts. All social, economic, political or religious organizations apply management principles to their successful operations. Every organization must make the best possible use of its available resources through the application of management principles along with managerial functions such as planning, organizing, staffing, directing and controlling.
Regards.