Ask questions which are clear, concise and easy to understand.
Ask QuestionPosted by Vansh Arora 5 years, 8 months ago
- 2 answers
Posted by Bindu Shrivastava 5 years, 8 months ago
- 0 answers
Posted by Anjali Singh 5 years, 8 months ago
- 0 answers
Posted by Preeti Jayant 5 years, 8 months ago
- 0 answers
Posted by चौधरी Prince 5 years, 8 months ago
- 1 answers
Yogita Ingle 5 years, 8 months ago
(i) Planning leads to rigidity: In an organisation, a well-defined plan is drawn up with specific goals to be achieved within a specific time frame. These plans then decide the future course of action and managers may not be in a position to change it. This kind of rigidity in plans may create difficulty. Managers need to be given some flexibility to be able to cope with the changed circumstances. Following a pre-decided plan, when circumstances have changed, may not turn out to be in the organisations interest.
(ii) Planning reduces creativity: Planning is an activity which is done by the top management. Usually, the rest of the members just implement these plans. As a consequence, middle management and other decision makers are neither allowed to deviate from plans nor are they permitted to act on their own. Thus, much of the initiative or creativity inherent in them also gets lost or reduced. Thus, planning in a way reduces creativity since people tend to think along the same lines as others. There is nothing new or innovative.
Posted by Mansi Jain 5 years, 8 months ago
- 2 answers
Kanika Agrawal 5 years, 8 months ago
Posted by Yash Garg 5 years, 8 months ago
- 2 answers
Nishika Arora 1 year, 11 months ago
Harvinder Ahlawat 5 years, 8 months ago
Posted by Ishika Kunchal 5 years, 8 months ago
- 2 answers
Kanika Agrawal 5 years, 8 months ago
K Uma Mahesh 5 years, 8 months ago
Posted by Sharma Singh 5 years, 8 months ago
- 0 answers
Posted by Syed Faiz Ahmed 5 years, 8 months ago
- 1 answers
Posted by Mohd Adnan 5 years, 8 months ago
- 1 answers
K Uma Mahesh 5 years, 8 months ago
Posted by Priyansi Jain 5 years, 8 months ago
- 3 answers
Manish Agarwall 3 years, 6 months ago
K Uma Mahesh 5 years, 8 months ago
Posted by Manan Singh 5 years, 8 months ago
- 1 answers
Posted by Shivam Bahal 5 years, 8 months ago
- 2 answers
Bhavya Nagpal 5 years, 8 months ago
Posted by Shubham Choydhary 5 years, 8 months ago
- 1 answers
K Uma Mahesh 5 years, 8 months ago
Posted by Akshat Vijayvergiya 5 years, 8 months ago
- 2 answers
Anshika Sundrani 5 years, 8 months ago
Gaurav Seth 5 years, 8 months ago
- To Provide Managers with Useful Insights into Reality: Principles help managers to improve their knowledge and understanding of managerial situations. These principles enable managers to learn from past mistakes - and conserve time by solving recurring problems quickly. Hence, we can say, these principles provide managers an insight of real world situations.
- Optimum Utilisation of Resources and Effective Administration: We are aware of the fact that resources are limited in nature. Optimum utilisation of resources emphasise that resources should be utilised in such a manner that it should give maximum benefit with minimum cost. It also increases the efficiency of management, as through these principles managers adopt a systematic and logical approach to overcome the problems and discard hit and trial approaches.
- Scientific Decision : Management principles help in thoughtful decision-making because they are based on logic rather than blind faith. Such decisions are free from bias and prejudice. These principles develop scientific approach as they give a realistic and subjective measurement for evaluation.
- Meeting Changing Environment Requirements : Modern business environment is complex and ever-changing. In order to be successful, organisations have to adapt to these changes. Principles are dynamic in nature. They are flexible and frequency adapt to changes, which are favourable and profitable for the business.
- Meeting Changing Environment Requirements : Modern business environment is complex and ever-changing. In order to be successful, organisations have to adapt to these changes. Principles are dynamic in nature. They are flexible and frequendy adapt to changes, which are favourable and profitable for the business.
- Management Training, Education and Research : Management principles act as a base of doing research and development in management studies. These principles provide basic groundwork for the development of managers. Therefore, professional courses like MBA and BBA teach these principles as a part of their curriculum.
Posted by Rachna Bali 5 years, 8 months ago
- 0 answers
Posted by Sunita Sharma 5 years, 8 months ago
- 1 answers
J K 5 years, 8 months ago
Posted by Manish Agarwall 5 years, 8 months ago
- 0 answers
Posted by Arvind Bajpai 5 years, 8 months ago
- 2 answers
Posted by Preeti Yadav 5 years, 8 months ago
- 0 answers
Posted by Aditya Dua 5 years, 8 months ago
- 0 answers
myCBSEguide
Trusted by 1 Crore+ Students
Test Generator
Create papers online. It's FREE.
CUET Mock Tests
75,000+ questions to practice only on myCBSEguide app