English

Explain the following characteristic of principles of management: Universal applicability - Business Studies

Advertisements
Advertisements

Question

Explain the following characteristic of principles of management:

Universal applicability 

Explain

Solution

The principles of management are intended to apply to all types of organizations, business as well as non-business, small as well large, public sector as well as the private sector, manufacturing as well as the services sectors. Universality refers to that reality which is similarly appropriate in all spheres. For example, for greater productivity, work should be divided into small tasks and each employee should be trained to perform his/her specialized job. All business and non-business organizations in order to accomplish their objectives have to apply more or less similar principles.

shaalaa.com
  Is there an error in this question or solution?
2023-2024 (February) Delhi Set - 2
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×