Question

'Management principles help in thoughtful decision-making. They emphasise logic rather than blind faith'. This statement describes the following point of significance of principles of management:

विकल्प

• Fulfilling social responsibility

• Scientific decisions

• Meeting changing environment requirements.

• Optimum utilization of resources and effective administration.

Answer 1

Scientific decisions.

Explanation:

The application of management concepts promotes planned choices. They place more emphasis on reason than faith. Bias and prejudice are absent from management judgments made based on principles. They are predicated on a fair assessment of what happened.