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Subjects
Class 12Business StudiesPrinciples of ManagementGeneral chapter practiceMedium
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Which is the most exam-useful definition of management principles?

Answer and explanation

Correct answer: General guiding rules for managerial decisions and actions

Management principles guide managerial thinking and action. In exams remember the term guiding rules.

Related tags

MeaningManagement-PrinciplesGuiding-RulesGeneral Chapter PracticePrinciples Of ManagementBusiness StudiesClass 12 Mcq
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10 more MCQs
  1. 1What does it mean to call management principles general guidelines?
  2. 2If a principle is broadly useful but does not give same results everywhere what type is it?
  3. 3What does the general nature of principles of management show?
  4. 4In which situation is a balance of centralisation and decentralisation necessary?
  5. 5Clear authority and responsibility during crisis show which significance?
  6. 6If an employee gives priority to personal gain over organisational interest what is the correct managerial correction?
  7. 7If a manager increases the feeling of ‘we’ among employees, which principle is being applied?
  8. 8What is the significance of management principles in research?
  9. 9Which statement is correct about Fayol's principles?
  10. 10If an employee gets fair salary with proper benefits which principle is strengthened?
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