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Question : The principles of management are formed by experience and collective wisdom of managers as well as experimentation.The given  statement tells us about which nature of principles of management?

Option 1: Contingent

Option 2: Flexible

Option 3: Formed by practice and experimentation

Option 4: Mainly behavioural 

 


Team Careers360 5th Jan, 2024
Answer (1)
Team Careers360 9th Jan, 2024

Correct Answer: Formed by practice and experimentation


Solution : Management principles are evolutionary in nature that is they have been developed through observations,experimentation and experience of the management thinkers. 

Hence, Option C is correct.

 

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