Principles of Management Quiz
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Questions and Answers

What does the statement 'Nothing is so practical as good theory' imply?

  • Good theory can enhance practical applications. (correct)
  • Theory is less important than practice.
  • Management relies solely on practical experience.
  • Practice is more valuable than theoretical knowledge.

Good theory has no relevance in practical management.

False (B)

What is a crucial factor in the effectiveness of management practices?

Good theory

According to the principles of management, _____ is essential for effective practice.

<p>theory</p> Signup and view all the answers

Match the following management principles with their descriptions:

<p>Planning = Setting objectives and outlining strategies Organizing = Arranging resources to implement plans Leading = Motivating and directing staff Controlling = Monitoring performance against goals</p> Signup and view all the answers

Flashcards

Practical Theory

Good theory is useful and applicable in real-world situations.

Principles of Management

Fundamentals of organizing and directing people to achieve objectives in an organization.

Good Theory

A theory that is valuable and workable in practice, with real-world application.

Objective in organization

Specific and measurable goals that organizations seek to accomplish.

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Organizing People

Structuring tasks, assigning roles, and coordinating efforts to efficiently achieve objectives.

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