Question : Principles of management limit the boundary of managerial discretion so that the decisions may be free from personal prejudices and biases. The given statement tells us about which significance of principles of management?
Option 1: Providing managers with useful insights into reality.
Option 2: Effective administration.
Option 3: Scientific decisions.
Option 4: Meeting changing environment requirements
Correct Answer: Effective administration.
Solution : Effective administration necessity impersonalisation of managerial conduct so that managerial power is used with due discretion. Principles help in better administration by discouraging personal prejudices and adopting an objective approach.
Hence, Option B is correct.
Question : They must be timely realistic and subject to measurement and evolution. Which significance of management is being discussed here?
Option 1: Providing managers with useful insights into reality
Option 2: Meeting changing environment requirements
Option 3: Effective administration
Option 4: Scientific decisions
Question : Management principles provide an effective and dynamic leadership and help the organisation to implement the changes. The given statement shows of which significance of principle of management?
Option 1: Scientific decision
Option 2: Meeting with changing in environmental requirements.
Option 3: Providing managers with useful insights into reality
Option 4: None of the above.
Question : The management principles are flexible to adapt to dynamic business environment. The given statement shows which significance of principles of management?
Option 1: Scientific decisions
Option 2: Effective administration
Option 3: Optimum utilisation of resources
Question : Decisions must be based on facts thoughtful and justifiable in terms of the intended purpose. The given statement shows which significance of principles of management?
Option 1: Optimum utilisation of resources
Option 3: Scientific decisions
Question : Management principles help in thoughtful decision making they emphasis logic rather than blind faith. The given statement tells us which significance of principles of management?
Option 1: Meeting changing environment requirements.
Option 2: Scientific decisions
Option 3: Optionalisation utilization of resources
Option 4: None of the above
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