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Question : Principles of management limit the boundary of managerial discretion so that the decisions may be free from personal prejudices and biases. The given statement tells us about which significance of principles of management?

Option 1: Providing managers with useful insights into reality.

Option 2: Effective administration.

Option 3: Scientific decisions.

Option 4: Meeting changing environment requirements

 


Team Careers360 6th Jan, 2024
Answer (1)
Team Careers360 20th Jan, 2024

Correct Answer: Effective administration.


Solution : Effective administration necessity  impersonalisation of managerial conduct so that managerial power is used with due discretion. Principles help in better administration by discouraging personal prejudices and adopting an objective approach.

Hence, Option B is correct.

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