Question : The feature of universal applicability in principles of management implies that:
Option 1: The principles apply to all industries and organizations
Option 2: The principles are only applicable to large organizations
Option 3: The principles are specific to certain cultures
Option 4: The principles are limited to specific departments
Correct Answer: The principles apply to all industries and organizations
Solution : The correct answer is (a) The principles can be customized for each organization.
The feature of flexibility in principles of management implies that these principles can be adapted and customized to suit the specific needs, goals, and characteristics of each organization. While the fundamental principles remain constant, their application can be tailored and adjusted to accommodate the unique circumstances and context of different organizations. This flexibility allows managers to apply the principles in a way that aligns with their organization's industry, culture, size, and other relevant factors.
Question : Which of the following is not a feature of principles of management?
Option 1: Ethical considerations
Option 2: Specific to each organization
Option 3: Flexible and adaptable
Option 4: Universal applicability
Question : The scope of management is:
Option 1: Universal
Option 2: Limited to businesses only
Option 3: Limited to profit-making organizations
Option 4: Limited to non-profit organizations
Question : Which of the following statement is incorrect for the nature of principle of management?
Option 1: The extent of their applicability would vary with the nature of the organisation
Option 2: The principles are applicable to a government office.
Option 3: The principles are not applicable to a limited company where there are separate departments.
Option 4: None of the above.
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