Which among the following does NOT relate with the nature of principles of management?
Solution
✅ Correct Option: 2
Option 1 -> This correctly describes that management principles have universal applicability across all types of organizations, sectors, and sizes. Option 2 -> This incorrectly suggests that principles provide rigid, readymade solutions. In reality, management principles are flexible guidelines that must be adapted to specific situations, NOT straitjacket solutions. Option 3 -> This accurately states that management principles are developed through practical experience, collective wisdom of managers, and continuous experimentation. Option 4 -> This correctly emphasizes that management principles are flexible and not rigid prescriptions that must be followed blindly. Hence, Option 2 -> Management principles are flexible guidelines that need to be adapted based on the situation and context. They do NOT provide readymade or straitjacket solutions to problems. This statement misrepresents the flexible and adaptable nature of management principles, making it the option that does NOT relate with the true nature of principles of management -> correct
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2022: 6 Oct Shift 1