Question

What do you mean by Principles of Management? Write down any five features of management principles.

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Answer 1

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Management Principles : Are the statements of fundamental truth which acts as the guidelines for taking managerial actions and decisions.

Features Of Management Principles :-

• Universal Application (Pervasive)
• Flexible
• Contingent
• Mainly Behavioural
• Formed by practice and experiments

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Answer 2

Explanation:

Management Principles : Are the statements of fundamental truth which acts as the guidelines for taking managerial actions and decisions.

Features Of Management Principles :-

Universal Application (Pervasive)

Flexible

Contingent

Mainly Behavioural

Formed by practice and experiments