Business Studies, asked by remam9974, 1 year ago

Why is it said that principles of management are universal?

Answers

Answered by Soñador
2

Answer:

Sir Henry Fayol said,

To manage is to plan and forecast,

to control, to coordinate, to evaluate and to organize.

In simple words, management can be defined as:

Management is the process of getting things done with the aim of achieving organizational goals effectively and efficiently.

Universal applicability is a characteristic of management.

• It is also said that management is all pervasive.

•It means management principles are applicable in all firms and in all places.

• It is common to all the business and not business firms and organisations.

•It is used in all big-small, private-public,NPO-profit organizations ,etc.

• It is necessary to all the organizations for the overall progress and development.

• It leads to growth of the organization.

Answered by adithyakrishnan6137
0

Answer:

Management principles is said to be universal because these are applicable in all types of organisations, at all levels and at all times.

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