Question

Which of the following statements is not relevant to the concept of "Management as an inexact science"?

Options

• The principles of management lack universal validity

• The principles of management lack universal applicability

• The principles of management have to be modified according to the given situation

• Management involves dealing with human behaviour and outcomes cannot be predicted with utmost accuracy

Answer 1

The principles of management lack universal applicability

Explanation - 

Management principles are not universally valid because they deal with human behaviour and the outcome of applying a principle cannot be predicted with utmost accuracy.