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Management principles are contingent or dependent upon the situations prevailing in the organization. Which is the correct explanation associated with this statement? -

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Question

Management principles are contingent or dependent upon the situations prevailing in the organization. Which is the correct explanation associated with this statement?

Options

  • Application of principles is suitable in similar situations in a large number of cases.

  • Application of principles has to be changed as per requirements.

  • Principles of management can be modified.

  • None of the above.

MCQ

Solution

Application of principles has to be changed as per requirements.

Explanation - 

Management principles are neither stable nor permanent. Situations or circumstances have an impact on them. As a result, the decision to use them or not is made based on the scenario or conditions.

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