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Which statement gives the most mature analysis of management principles?

Answer and explanation

Correct answer: They are empirical, so they provide a basis for managerial decisions; being social, they are not completely certain.

Management principles are general guidelines developed from managerial experience, observation and research, so they provide a basis for decision-making. However, management deals with people and changing social situations; therefore, principles cannot be applied with the absolute certainty of rigid scientific laws in every case. Option B is incorrect because management principles are neither punitive nor universally applicable scientific laws. Exam tip: Remember that principles are flexible guides, not fixed laws.

Related tags

Management PrinciplesNature Of PrinciplesEmpirical PrinciplesSocial ScienceFlexibilityClass 12 Business StudiesNature Of Management PrinciplesPrinciples Of Management

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