Reema is one of the most successful managers of her company,

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asked Feb 2, 2018 in Business Studies by Rohit Singh (61,782 points) 35 133 354

Reema is one of the most successful managers of her company, Globe Ltd. She knows that the principles of management are intended to apply to all types of organizations, business as well as nonbusiness, small as well as large, public sector as well as private sector.
(i) One of the points related to the nature of management principles is being highlighted in the above description. Identify the point.
(ii) Explain any three other points of the nature of principles of management other the one identified above.

1 Answer

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answered Feb 2, 2018 by sameer (82,980 points) 5 11 37
(i) Universal applicability
(ii) Nature of principles of management:
(a) General guidelines.
(b) Formed by practice and experimentation.
(c) Flexible.
(d) Mainly behavioural.
(e) Cause and effect relationship.
(f) Contingent

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