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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.

Hard · Level 1 · 25 questions

Practice questions

01Why is blind following of principles wrong even when management is called a science?

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02Which quality in decision making develops most by learning management principles?

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03A manager blames employees for production delay but principle based cause analysis shows that authority was unclear. Which significance does this show?

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04If a company buys costly machines but they remain idle due to unclear work division which significance of management principles will apply most directly?

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05Statement one says management principles make decisions more logical. Statement two says they leave decisions completely to luck. Choose the correct option.

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06A retail company changes its customer service system after online buying increases. Which significance of management principles is related to this?

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07A chemical company can produce cheaply but spends on pollution control. Which significance does this show?

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08If a management institute teaches students through case studies based on real company experiences which significance is prominent?

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09In which situation is the significance of effective administration most clearly visible?

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10If a manager forms a new pricing policy after studying past experience and facts which significance is he using?

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11In an organisation two departments were doing the same work. Clear division based on principles saved time. Which significance does this show?

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12If a manager treats principles only as exam definitions and does not use them in decisions which significance remains incomplete?

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13Statement one says management principles ensure optimum use of resources. Statement two says they can reduce wastage of time material and labour. Choose the correct option.

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14A company changes its factory process after a new government safety policy arrives. Which significance is related to this?

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15If an organisation provides safe products and avoids misleading advertisements which significance is this an example of?

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16If a supervisor learns through principles training that responsibility without authority is wrong which significance is shown?

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17Which option shows both useful insight and scientific decision together?

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18If principles give employees clear roles and increase accountability which significance is closest?

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19A firm wants to remove employee safety rules to reduce cost. Which significance of management principles will prevent this?

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20If with the help of management principles an organisation achieves higher quality with less human effort which significance is indicated?

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21Statement one says principles form the basis of management research. Statement two says research can develop new management methods. Choose the correct option.

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22If competition increases and a company improves both customer service and cost control which significance is it?

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23Which option incorrectly explains the significance of management principles?

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24If bias reduces in an organisation because decisions are based on clear principles which significance is shown?

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25A researcher studies results of leadership styles in different companies and develops a new model. Which significance is related to this?

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