Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Nature and significance of Management

Question:

Whose principles can be modified according to the situation?

Options:

Science principles

Management principles

Scientific principles

All of these

Correct Answer:

Management principles

Explanation:

Since the principles of management are not as exact as the principles of science, their application and use is not universal. They have to be modified according to a given situation. However, they provide managers with certain standardised techniques that can be used in different situations. These principles are also used for training and development of managers.