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"The application of principles of management is dependent upon the prevailing situation at a particular point of time". The above statement highlights that principles of management are: - Business Studies

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Question

"The application of principles of management is dependent upon the prevailing situation at a particular point of time". 

The above statement highlights that principles of management are: 

Options

  • Flexible

  • Contingent

  • Behavioral

  • Universal

MCQ

Solution

Contingent

Explanation:

The way management concepts are applied depends on the conditions that are in place at any given moment. Principles must be used differently depending on the needs.

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2021-2022 (December) Term 1
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