Question : Assertion: Fayol's principles of management form a guideline for managerial decision-making.
Reason: They does not provide any framework for effective management practices.
Option 1: Both assertions and reasons are correct, and the reason is the correct explanation of the assertion.
Option 2: Both are correct, but the reason is not the correct explanation.
Option 3: The assertion is correct, the reason is incorrect.
Option 4: The assertion is incorrect, the reason is correct.
Correct Answer: The assertion is correct, the reason is incorrect.
Solution : The correct answer is (c) The assertion is correct, the reason is incorrect.
The assertion is correct. Fayol's principles of management do indeed form a guideline for managerial decision-making. These principles provide a framework for understanding and practicing effective management within organizations.
The reason is incorrect. Fayol's principles do provide a framework for effective management practices. They offer fundamental guidelines that are widely recognized and accepted in the field of management, aiding managers in making informed decisions and managing their organizations more efficiently and effectively.