Principles of Management

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• Questions
• Summary

The following points summarise the nature of principles of management:

1. They have universal applicability in all types of organisations.
2. They are formed by practice and experimentation.
3. They are flexible and can be modified by the manager when the situation so demands.
4. They are aimed at influencing human behaviour; so they are mainly behavioural in nature.
5. The applications of the principles of management are contingent or dependent upon the prevailing situation at a particular point of time.