Advertisements
Advertisements
Questions
Explain Meeting Changing Environment requirements.
Explain the following point of significance of principles of management:
Meeting changing environment requirements
Solution
- Management concepts enable effective and dynamic leadership and assist organizations in implementing changes.
- Although the principles are broad recommendations, they are adjusted and assist managers in meeting the changing needs of the environment.
- Example: With the growing growth of online market sellers, offline vendors also started offering their items on online platforms.
RELATED QUESTIONS
State the importance of principles of management.
Answer the following question.
Explain any four points regarding the significance of the principles of management.
Explain significance of principles of management.
The principles of management are significant because of
If a manager is able to achieve the target production of 7,000 units but at a higher cost, then what will he be considered as?
Identify an important principle of management control in which only significant deviations which go beyond the permissible limit should be brought to the notice of management.
Which of the following does not apply to Principles of Management?
If a manager is not able to achieve the target production of 6,000 units but is able to reduce the costs significantly, then what will he be considered as?
Identify an important principle of management control in which only significant deviations which go beyond the permissible limit should be brought to the notice of management.
Which of the following statement is false with respect to principles of management:
The principles of management are significant because of:
Management principles are contingent or dependent upon the situations prevailing in the organization. Which is the correct explanation associated with this statement:
Why accurate cause and effect relationship cannot be established by principles of management?
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:
Explain any three points that highlight the importance of 'Principles of Management'.
Explain optimum Utilisation of resources and effective administration.
Identify the point of significance of management illustrated in the picture
