Define principles of management.

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(a)

Principles of management are statements of fundamental truths, which serve as guidelines for decisions and actions of managers.

What is meant by 'Principles of management'?

1

(a)

Principles of management are statements of fundamental truths, which serve as guidelines for decisions and actions of managers.

Give any one difference between management principles and values.

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(a)

Management principles are technical in nature whereas values are ethical.

Do you agree that management principles are not rigid? Why?

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Management principles are flexible and are not rigid, as they deal with human behavior, which is never static. Hence, they need to be modified as per the situation and need.

Give any one reason why management principles are required.

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Management principles are important because they provide optimum utilisation of resources, which means that the resources should be put to use in such a manner that they should give maximum benefit with minimum cost.

State any one reason why principles of management are important.

1

(a)

Management principles are important because they provide optimum utilisation of resources, which means that the resources should be put to use in such a manner that they should give maximum benefit with minimum cost.

Which principle of scientific management suggests the introduction of scientific investigation and analysis of management practice?

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(a)

Science, not rule of thumb.

What is the basis of formation of scientific management?

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(a)

Observation and experimentation.

List any two principles of 'scientific management' formulated by FW Taylor for managing an organisation scientifically.

1

(a)

The two principles of scientific management formulated by FW Taylor are: 
(i) Science, not rule of thumb
(ii) Harmony, not discord.

Which principle of scientific management states that work must be carried on in cooperation with each other?

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(a)

Cooperation, not individualism

What is the significance of management principles in the context of environmental changes?

4

(a)

Define scientific management. State any three of its principles.

4

(a)

Discuss the following techniques of scientific work study.
(i) Time Study
(ii) Motion Study
(iii) Fatigue Study
(iv) Method Study
(v) Simplification and Standardisation of work

6

(a)

Explain Fayol's principle of 'equity' and 'order' with examples.

6

(a)