Question : On what basis the principles of management is developed?
Option 1: Observations.
Option 2: Personal experience of managers.
Option 3: Experimentation.
Option 4: All of the above.
Correct Answer: All of the above.
Solution : Principle of management has been developed on the basis of observation and experimentation as well as personal experience of the managers depending upon how they are derived and how effective they are in explaining and predicting managerial behaviour. They contribute towards the development of Management both as a science and as an art.
Hence, Option D is correct.




