Question : Statement 1: The management principles of planning, organizing, leading, and controlling are interrelated and interdependent.
Statement 2: Each function supports and complements the others to achieve organizational goals.
Option 1: Both statements are true
Option 2: Both are incorrect
Option 3: Statement 1 is true, and Statement 2 is false.
Option 4: Statement 1 is false, and Statement 2 is true.
Correct Answer: Both statements are true
Solution : The correct answer is (a) Both statements are true.
Statement 1 is true because the management principles of planning, organizing, leading, and controlling are indeed interrelated and interdependent. They are part of a comprehensive management process, and they often overlap and influence each other.
Statement 2 is also true because each of these functions supports and complements the others to achieve organizational goals. Planning sets the direction, organizing allocates resources, motivates and guides employees, and controlling ensures that activities are on track. These functions work together to help an organization achieve its objectives.