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"The principles of management have universal …

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"The principles of management have universal applicability but they lack universal validity ".explain the statement

Posted by Gurpinder Singh Singh 5 years, 3 months ago

CBSE > Class 12 > Business Studies

1 answers

Darshana Pandey 5 years, 3 months ago

The principles of management can be applied to all kinds of organisations, irrespective of size (small or large) and nature (business, government or social organisation). However , extent of application varies depending on nature and size of organisation. As scientific principles have Universal validity and can be applied in all situations and at all times giving same results, unlike scientific principles management principles are not as exact as the principles of science. Their validity and use is not universal. They have to be modified according to the given situation. Thus, the principles of management has universal applicability but they lacks universal validity.

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This content has been hidden. One or more users have flagged this content as inappropriate. Once content is flagged, it is hidden from users and is reviewed by myCBSEguide team against our Community Guidelines. If content is found in violation, the user posting this content will be banned for 30 days from using Homework help section. Suspended users will receive error while adding question or answer. Question comments have also been disabled. Read community guidelines at https://mycbseguide.com/community-guidelines.html

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