Significance of management principles

Correct answer: B. Scientific decision

A decision based on data and experience is scientific decision. Exam tip: connect data plus experience with scientific decision.

Correct answer: C. Social responsibility

Sustainable packaging shows responsibility toward society and environment. Exam tip: connect sustainable action with social responsibility.

Correct answer: A. Training and managerial education

Principles form a base for training new managers and supervisors. Exam tip: connect supervisor training with educational significance.

Correct answer: B. Meeting requirements of changing environment

Change in inflation is part of the external environment. Exam tip: connect inflation change with changing environment.

Correct answer: D. They increase confusion, wastage, rumours and irresponsibility

Management principles are broad guidelines that improve managerial understanding, support rational decision-making and encourage efficient use of organisational resources. They also help managers adapt principles to changing situations, clarify administrative work, promote social responsibility and provide useful guidance for training. Therefore, option D is the most incorrect summary because applying sound principles is intended to reduce confusion, waste, rumours and irresponsible conduct, not increase them. Options A, B and C describe genuine benefits, although principles are guidelines rather than rigid rules and their results depend on appropriate application.