Question : Assertion: Fayol's principles of management form a guideline for managerial decision-making.
Reason: They provide a 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: Both assertions and reasons are correct, and the reason is the correct explanation of the assertion.
Solution : The correct answer is (a) Both assertions and reasons are correct, and the reason is the correct explanation of the assertion.
The assertion that Fayol's principles of management form a guideline for managerial decision-making is correct. Fayol's principles, also known as Fayol's 14 principles of management, are fundamental guidelines for managerial decision-making and organizational behavior.
The reason provided, stating that they provide a framework for effective management practices, is also correct. Fayol's principles do indeed offer a framework that assists in achieving effective and efficient management practices within an organization.
Reason: They does not provide any framework for effective management practices.
Question : Assertion: Principles of management are fundamental concepts for effective organizational functioning.
Reason: Principles of management provide guidelines for decision-making and coordination.
Question : Assertion: Scientific management principles were first proposed by Henri Fayol.
Reason: Fayol believed in applying scientific methods to management practices.
Question : Assertion: Fayol's principles of management are applicable to all types of organizations, irrespective of their size.
Reason: These principles are based on fundamental management practices.
Question : Assertion: Fayol's 14 principles of management are applicable to only some types of organizations.
Reason: These principles are based on universal management principles.
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