12 Questions
What is the primary purpose of a principle in management?
To provide a guide to thought or action
What is the primary similarity between management principles and a table of materials' strengths and weaknesses?
Both have been developed through years of experience and testing
What is a characteristic of good management principles?
They are flexible and take into account particular differences
What is an example of a management principle?
For maximum managerial efficiency, total costs should be kept to a minimum
Why should management principles be consistent?
So that for similar sets of circumstances, similar results will occur
What is the primary difference between management principles and other guidelines?
Management principles are practical and can be applied almost anytime
What is the primary function of a principle?
To provide a guide to thought or action
What is the basis of management principles?
Years of experience and testing
What is the primary characteristic of a practical management principle?
It is applicable almost anytime in the organization's life
What should total costs be kept to for maximum managerial efficiency?
A minimum
What is the primary benefit of using management principles?
To predetermine safe, allowable outcomes
What should management principles take into account when applied?
Particular differences or changes in the conditions
Discover the fundamental truths and guidelines that shape management practices. Learn how principles of management provide a foundation for decision-making and action, similar to how engineers rely on tables of materials' strengths and weaknesses. Test your understanding of these essential principles!
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