Principles of management help managers in taking scientific decisions. Such decisions are:
(A) based on the objective assessment of the situation.
(B) timely, flexible and subject to measurement and evaluation.
(C) based on logic rather than blind faith.
(D) based on facts and justifiable in terms of the available resources.
(E) free from bias and prejudice.
Which of the statements given above are correct?
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 4
The correct answer is Option (4) → (A), (C) and (E) only
(A) based on the objective assessment of the situation. — Correct. Decisions taken on the basis of principles rest on an objective assessment of the situation.
(B) timely, flexible and subject to measurement and evaluation. — Incorrect. Scientific decisions must be timely, realistic and subject to measurement and evaluation. The right word is realistic: the decision must fit the real situation.
(C) based on logic rather than blind faith. — Correct. Principles make managers use logic rather than blind faith.
(D) based on facts and justifiable in terms of the available resources. — Incorrect. Decisions must be based on facts and justifiable in terms of the purposes they are meant to serve. A decision is judged by whether it serves the purpose it was taken for.
(E) free from bias and prejudice. — Correct. Decisions based on principles are free from bias and prejudice.
NCERT (2026-27 Edition): “(iii) Scientific decisions: Decisions must be based on facts, thoughtful and justifiable in terms of the intended purposes. They must be timely, realistic and subject to measurement and evaluation. Management principles help in thoughtful decision-making. They emphasise logic rather than blind faith. Management decisions taken on the basis of principles are free from bias and prejudice. They are based on the objective assessment of the situation.” |