Question : Which of the following statements best defines the principles of management?

Option 1: Guidelines for effective decision-making

Option 2: Rules for maintaining employee discipline

Option 3: Techniques for cost reduction in organizations

Option 4: Strategies for achieving organizational objectives

Question : The principles of management provide:

Option 1: A standardized approach to decision-making

Option 2: Flexibility in decision-making

Option 3: Ethical guidelines for organizations

Option 4: Industry-specific strategies

Question : The principles of management provide:

Option 1: A standardized approach to decision-making

Option 2: Flexibility in decision-making

Option 3: Ethical guidelines for organizations

Option 4: Industry-specific strategies

Question : Assertion: Principles of management are fundamental concepts for effective organizational functioning.

Reason: Principles of management provide guidelines for decision-making and coordination.

Option 1: Both assertions and reasons are correct, and the reason is the correct explanation of the assertion.

Option 2: Both are correct, but the reason is not the correct explanation.

Option 3: The assertion is correct, the reason is incorrect.

Option 4: The assertion is incorrect, the reason is correct.

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