Question

What is the nature of principles of management?

Answer 1

Answer:

There are 7 Important Natures of Principles of Management.

• Universal Applicability
• General Guidelines
• Formed by Practice and Experimentation
• Flexibility
• Mainly Behavioral
• Relationship between Cause and Effect

• Contingent

Similarly, researchers undertake case study to find out the point of management.

These principles of management are not fixed or permanent. They are affected by situations or circumstances.