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What is the primary purpose of a principle in management?
What is the primary purpose of a principle in management?
- To provide a framework for decision-making
- To predict the success of a company
- To provide a guide to thought or action (correct)
- To determine the exact cost of a project
What is the primary similarity between management principles and a table of materials' strengths and weaknesses?
What is the primary similarity between management principles and a table of materials' strengths and weaknesses?
- Both are only applicable to small organizations
- Both are only relevant to civil engineering
- Both are based on exact scientific formulas
- Both have been developed through years of experience and testing (correct)
What is a characteristic of good management principles?
What is a characteristic of good management principles?
- They are only applicable to small organizations
- They are flexible and take into account particular differences (correct)
- They are based on exact scientific formulas
- They are only relevant to the manufacturing industry
What is an example of a management principle?
What is an example of a management principle?
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Why should management principles be consistent?
Why should management principles be consistent?
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What is the primary difference between management principles and other guidelines?
What is the primary difference between management principles and other guidelines?
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What is the primary function of a principle?
What is the primary function of a principle?
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What is the basis of management principles?
What is the basis of management principles?
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What is the primary characteristic of a practical management principle?
What is the primary characteristic of a practical management principle?
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What should total costs be kept to for maximum managerial efficiency?
What should total costs be kept to for maximum managerial efficiency?
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What is the primary benefit of using management principles?
What is the primary benefit of using management principles?
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What should management principles take into account when applied?
What should management principles take into account when applied?
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