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 apply to all industries and organizations.
Universal applicability means that the principles of management are relevant and can be applied across different industries and organizations. These principles are based on fundamental concepts and practices that have been observed to be effective in various managerial contexts. While there may be some variations in their application based on specific organizational factors, the core principles of management are considered universally applicable.
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.
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile