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What is Meant by Principles of Management? - Business Studies

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प्रश्न

What is meant by principles of management?

उत्तर

Principles of management are the basic guidelines for decision making in the course of
management and are needed to be modified by the manager according to the situation and
the requirement.

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  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
2014-2015 (March) Delhi Set 2

वीडियो ट्यूटोरियलVIEW ALL [1]

संबंधित प्रश्न

Explain briefly discipline and scalar chain as principles of general management.


Explain the following principles of management:

Scalar chain.


Explain the following principles of management:

Development of Each and Every Person to His or Her Greatest Efficiency.


Write short note on the following.
Any five principles of management.


State with reasons whether the following statements are True or False

Principles of management are rigid.


The statements which disclose fundamental truth of management.

 Now a days management is treated as a separate profession in modern world.


What is Management? Explain the functions of Top level and Lower level management.


State the main objective of time study.


Explain the principle of ‘Scalar Chain’ and gang plank.


Bhasin’ limited was engaged in the business of food processing and selling its products under a popular brand. Lately the business was expanding due to good quality and reasonable prices. Also with more people working the market for processed food was increasing. New players were
also coming to cash in on the new trend. In order to keep its market share in the short run the company directed its existing workforce to work overtime. But this resulted in many problems. Due to increased pressure of work the efficiency of the workers declined. Sometimes the subordinates had
to work for more than one superior resulting in declining efficiency. The divisions that were previously working on one product were also made to work on two or more products. This resulted in a lot of overlapping and wastage. The workers were becoming indisciplined. The spirit of teamwork, which
had characterized the company, previously was beginning to wane. Workers were feeling cheated and initiative was declining. The quality of the products was beginning to decline and market share was on the verge of decrease. Actually the company had implemented changes without creating the required infrastructure.

a. Identify the Principles of Management (out of 14 given by Henry Fayol) that were being violated by the company.

b. Explain these principles in brief.

c. What steps should the company management take in
relation to the above principles to restore the company
to its past glory?


Select the proper option from the options given below and rewrite completed Sentence.
Concentration of power of authority is stated in the principle of ________.


Write short note on the following.
Principle of scalar chain


Answer the question.
Discuss the need for the principles of management.


Answer the following question.
Appliances India Ltd. is engaged in the manufacturing and distribution of home appliances since 1987. It has a good name in the market as the company is producing good quality appliances. It has separate departments for manufacturing, finance, sales maintenance services, and technical services to achieve specialization.

Since the areas of operations of the company have increased and customers have become more demanding, the company decided to modify the existing principle of management to meet the changing requirements of the environment.

State the general principle of management which the company wants to modify to meet the changing requirements.


Explain how the principles of management help the managers:
(i) in taking scientific decisions; and
(ii) in providing the managers with useful insights into real-world situations.


Read the following text and answer the following questions on the basis of the same:

After completing her Bachelors in Fashion Designing from a well-known college in France, Aditi has opened a boutique in a posh market in Kolkata. She has divided the work in smaller units and each employee is well trained to perform his/her task efficiently. The sales persons are allowed to close a deal with a buyer by giving a maximum of 5 percent discount, whereas the decision to give any further discount rests with Aditi as the final authority.

In the earlier period of her business venture, employees were asked to put in extra hours of work. In return she had promised to give them a special incentive within a year. Therefore, when the business was doing well, she honour her commitment by giving bonus to her employees. She also instructed her employees that communication from top to bottom should follow the official lines of command. However, she tends to be more biased towards her female employees, when it comes to solve the conflicts among employees.

"The sales persons are allowed to close a deal with a buyer by giving a maximum of 5 percent discount, whereas the decision to give any further discount rests with Aditi as the final authority." Identify the principle of Management being followed here:


In a cotton textile mill, various tasks viz. spinning, weaving, sizing, bleaching, etc. were divided to different groups of persons. Identify the principle of management stated here.


Management principles are very ______ whereas pure science principles are rigid. 


______ principle of management is being violated if management does not fulfill its promise to increase wages of the workers after the mission is accomplished. 


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