Principles Of Management
Question and Answers
Class 12 - Business Studies
Q1: Describe the concept of principles of management?
Answer:
It is broad and general guideline for managerial decision making; are different from principles of science as they deal with human behaviour; are different from techniques of management as techniques are method whereas principles are guidelines to action and decision making; are different from values which are formed as generally accepted behaviour in society and having moral coordination where as principles are formed through research having technical nature.
Q2: What is the nature of Principles of Management?