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Subjects

Business Studies

Significance of management principles

In this Class 12 Business Studies topic from the chapter Principles of Management, students learn why management principles are essential for guiding managerial decisions and actions. The topic explains how these principles help improve efficiency, make better use of resources, support informed decision-making, help organisations respond to changing business conditions, and promote responsible management. It also shows their value in management education, training, and research.

Easy · Level 7 · 5 questions

TOPIC PRACTICE

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Up to 5 questions from this page. Select your focus, then start.

5 questions

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  1. Rumour based decision
  2. Scientific decision
  3. Social neglect
  4. Work closure
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  1. Machine decoration
  2. Tax payment
  3. Social responsibility
  4. Indecision
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  1. Training and managerial education
  2. Resource wastage
  3. Customer neglect
  4. Punitive control
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  1. Decoration only
  2. Meeting requirements of changing environment
  3. Stopping research
  4. Social harm
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  1. They improve understanding, decision-making and resource use
  2. They help with adaptation, social responsibility and training
  3. They can make administration clearer
  4. They increase confusion, wastage, rumours and irresponsibility

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