Question : The principles of management are derived from:
Option 1: Scientific experiments
Option 2: Historical events
Option 3: Management gurus' opinions
Option 4: Practical experiences
Correct Answer: Practical experiences
Solution : The correct answer is (d) Practical experiences
The principles of management are developed based on practical experiences and observations of successful managerial practices over time. These principles are derived from the accumulated knowledge and wisdom gained through the study and analysis of various management situations and scenarios. Managers and scholars have observed patterns, strategies, and approaches that have proven to be effective in achieving organizational goals and success. The principles of management provide general guidelines and insights into how managers can effectively plan, organize, lead, and control their organizations. While scientific experiments, historical events, and the opinions of management gurus may contribute to the understanding of management principles, the primary source is practical experiences in the field of management.
Question : The principles of management are:
Option 1: Fixed and unchangeable
Option 2: Universal and flexible
Option 3: Specific to each organization
Option 4: Derived from accounting principles
Question : Which of the following is not a feature of scientific management?
Option 1: Division of labor
Option 2: Standardization of work
Option 3: Scientific selection and training of workers
Option 4: Employee empowerment
Question : Statement 1: Management is an art.
Statement 2: Management involves the application of scientific principles to achieve objectives.
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.
Question : Statement 1: The principles of management remain constant, regardless of the organization's environment.
Statement 2: Management principles are based on universal truths that apply universally.
Question : The nature of management is:
Option 1: Static
Option 2: Rigid
Option 3: Dynamic
Option 4: Inflexible
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