the principles of management do not provide ready made solutions to all managerial problems. which nature of principles of management is highlighted here?

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Solution

Hi Rishabh,

The nature of principles of management that is being highlighted here is “General Guidelines”.

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Explain how principles of management :

(i) Provide useful insight into reality.

(ii) Help in thoughtful decision-making.

(iii) Help the managers in meeting changing environmental requirements.

(iv) Help the managers in making scientific decisions.

(v) Do not provide ready-made solutions to all managerial problems.

Any two points, which highlight the nature of principles of management.

Management principles aims at influencing human behaviour. State the principles of management mentioned here.

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