Question : These principles enable refinment of Management practices as well as by facilitating the development of new management techniques. The given statement shows which significance of principles of management?
Option 1: Fulfilling social responsibility
Option 2: Management training education and research
Option 3: Scientific decisions
Option 4: None of the above
Correct Answer: Management training education and research
Solution : The principles help to increase knowledge and are used as a basis for management training education and research.
Hence, Option B is correct.
Question : Which of the following is not the significance of management principles?
Option 1: Universal
Option 2: Research and development
Option 3: Social responsibility
Option 4: Scientific decision
Question : The entrance to management institute is preceded by Management aptitude test. The given statement so which significance of principles of management?
Option 1: Management training education and research
Option 2: Scientific decisions
Option 3: Effective administration
Question : Value to the customer and care for the environment comes under which significance of principles of management?
Option 1: Effective administration
Option 2: Fullfiling social responsibility
Question : The management principles are flexible to adapt to dynamic business environment. The given statement shows which significance of principles of management?
Option 1: Scientific decisions
Option 2: Effective administration
Option 3: Optimum utilisation of resources
Option 4: Meeting changing environment requirements
Question : Management principles help in thoughtful decision making they emphasis logic rather than blind faith. The given statement tells us which significance of principles of management?
Option 1: Meeting changing environment requirements.
Option 3: Optionalisation utilization of resources
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