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What is the correct meaning of generality of management principles?

Answer and explanation

Correct answer: They provide broad guidance, but are applied according to the situation

Management principles are broad guidelines, not rigid rules. They can be used in different organisations and situations, but a manager must apply them using judgement according to the circumstances. Therefore, they do not guarantee identical results, making option A incorrect. Exam tip: remember that principles are flexible guides, whereas rules are relatively specific directions.

Related tags

Management PrinciplesGeneralityBroad GuidelinesManagerial JudgementClass 12 Business StudiesNature Of Management PrinciplesPrinciples Of ManagementBusiness Studies

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