Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Principles of Management

Question:
Which of the following statements is/are true with reference to principles of management?
Options:
The principles are guidelines to action.
The principles denote a cause and effect relationship.
Principles help the manager to take decisions while performing various management functions.
All of the above.
Correct Answer:
All of the above.
Explanation:
These principles are guidelines to action. They denote a cause and effect relationship. While functions of management viz., Planning, Organising, Staffing, Directing and Controlling are the actions to be taken while practising management, Principles help managers to take decisions while performing these functions.