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Question
State with reasons whether the following statement true or false:
Principles of management improve the efficiency of employees.
Options
True
False
Solution
Principles of management improve the efficiency of employees. - True
Explanation-
Principles of management aim at improving the productivity and efficiency of employees. They help managers in the decisionmaking
process and also help in reducing wastage, thereby increasing the efficiency of employees.
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| 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 |
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| Group ‘A’ | Group ‘B’ | ||
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| (b) | Directing | (2) | Scientific Management theory |
| (c) | Responsibility towards Government | (3) | It is the process of recruiting, selecting, placing and remunerating |
| (d) | Digital cash | (4) | To earn profit |
| (e) | Monopoly | (5) | Respecting rules and regulations |
| (6) | Exist only in cyber space | ||
| (7) | Exist everywhere | ||
| (8) | Single buyer | ||
| (9) | Modern management theory | ||
| (10) | Single seller |
Principles of management improve the efficiency of employees.
