A managerial principle is best described as a:
ABroad guideline for decisions
BRigid law of pure science
CFixed technique with steps
DMoral value of society
Answer & Solution
Correct answer: A. Broad guideline for decisions
1. It guides decision-making and behaviour.
2. It is not as rigid as a law of physics.
3. It is applied creatively to the situation.
_Source: syllabus Business Studies Part I, Chapter 2, Principles of Management._
Keep practising Nature and Significance of Management
Browse all Nature and Significance of Management questions for AP Intermediate 2nd Year, or explore more Business Studies topics.
Related questions
Synchronising the activities of different departments is called:Setting standards, measuring performance and taking corrective action is:Leading, influencing and motivating employees to perform assigned tasks is:Finding the right people for the right job, including recruitment and training, is:Determining in advance what is to be done and who is to do it is:Foremen and supervisors who directly oversee the workforce form the:Division heads such as a production manager who implement top management's plans are:Chairman, CEO and president belong to which level of management?