One of the significance of Principles of Management is "Decisions must be based on facts, thoughtful and justifiable in terms of the intended purposes. They must be timely, realistic and subject to measurement and evaluation." Identify the correct option which reflects the above statement:

"A manager should replace 'I' with 'We' in all his conversations with workers to foster team spirit".

Which Principle of Management is related to this statement?

Match List-I with List-II on the basis of Management Principles

Taylor believed that contemporary management was amateurish and should be studied as a discipline. He is known for the coinage of the term ‘Scientific Management’ in his article ‘The Principles of Scientific Management’ published in the year ________.

Match List-I with List-II:

Choose the correct answer from the options given below:

The controlling measure initiated by Corporate Defense Strategies was:

Which of the following are not the correct differences between Fayol's principle of management and Taylor's principle of scientific management?

(A) Fayol's principles are applicable in specialized situations, but Taylor's principles are universally applicable.

(B) Fayol's perspective is top level management, but Taylor's perspective is the shop floor level of a factory.

(C) Fayol's principles increase the productivity of the organisation, but Taylor's principles improve the overall administration of the organisation.

(D) Fayol was a practitioner whereas Taylor was a scientist.

Choose the correct answer from the options given below: