Advertisements
Advertisements
Question
Answer the question.
Discuss the need for the principles of management.
Solution
Principles of management are required for the following reasons:
- Providing managers with useful sights into reality: With the help of principles of management, the organization will increase the managerial efficiency by adding to their knowledge and ability to understand the various situations. These principles enable managers to solve problems in a methodical way without wasting time and effort in trial and error. It also helps to improve the art of management by suggesting how things should be done to get good results.
- To train managers: Principles of management provide a conceptual framework for scientific and systematic training and development of managers. It is a central point of management theory. Formal methods of training managers in institutes and universities are possible only when there are fundamental principles and concepts.
- To evaluate managerial behavior: Principles help to prescribe what one should do to manage things in a given situation. These principles attempt to evaluate the behavior of managers.
- To fulfill the social goals: Management principles enable managers to make optimum use of human and material resources. The principles of management and management theory have been devised in such a way that they help in fulfilling these responsibilities. Managers coordinate efforts of the people so that individual objectives get translated into social attainments.
- To improve research: Growing popularity and utility of management principles have attracted experts towards their study and analysis. It also helps the managers in taking decisions based on the objective assessment of the situation, free of any bias and prejudice. It will help in expanding the horizon of knowledge in management.
APPEARS IN
RELATED QUESTIONS
The principle of management explaining about fair payment to workers.
‘Adharshila Vidyalaya’ believes in holistic development of students and encourages team building through a mix of curricular, co-curricular and sports activities. On its Founders’ Day, a stage performance had to be put up. A committee of ten prefects was constituted to plan different aspects of the function. They all decided to use recycled paper for decoration. As there was a spirit of unity and harmony and all members supported each other with mutual trust and belongingness, the programme was systematically planned and executed. Arvind, one of the prefects, realised that unknowingly the group had applied one of the principles of management while planning and executing the programme. He was so inspired by the success of the function, that he asked his father to apply the same principle in his business. His father replied that he was already using this principle.
a. Identify the principle of management applied for the success of the programme.
b. State any two features of management highlighted in the above paragraph.
c. Identify any two values which ‘Adharshila Vidyalaya’ communicated to the society
Explain the following principles of management:
Co-operation, not Individualism
The principle of management which advocates that work should be divided into small sub‐parts.
Henry Fayol developed altogether _________ principles of management.
How are principles of management formed?
Principles of management are NOT
Match the NATURE of PRINCIPLES OF MANAGEMENT in Column I with their correct EXPLANATION in Column II.
| Column I | Column II | ||
| (1) | Universal applicability | (i) | Direct but do not provide readymade, straitjacket solutions |
| (2) | General guidelines | (ii) | Not rigid prescriptions, can be modified as per the situation |
| (3) | Flexible | (iii) | Aim at influencing behaviour of human beings |
| (4) | Behavioural | (iv) | Applicable to all types of organizations |
Justify the following statement.
Principles of management can be applied universally.
Principles of Management are not as accurate as principles of Science because ______.
