principles of management class 12

(c) Method study (b) Reward the efficient worker (a) Providing managers with useful insight into reality (c) The application of principle of division of work enables an employee to gain proficiency in work by doing it repetitively over a period of time. 19. 8. Discipline is the obedience to organisational rules, regulations and employment agreement which are necessary for the working of an organisation. Instructional Methodology. Nature and Significance of Management class 12 Notes Business Studies. (d) Equity. In all the situations the interest of the company should supersede the interest of any one individual. This can result in tremendous savings of human energy as well as wastage of time and materials.” Identify the related principle of scientific management. → Meeting changing enviornment requirements: Management principles are flexible to adapt to dynamic business environment. Authority is both formal and informal.  Responsibility is corollary of authority. 1. The interests of the organisation should be considered superior as compared to individual person’s objective.  All the employees come from different background and with different objectives which may sometimes be different from that of the organisation as a whole. The formal chain of communication which connects people from high ranks to people from lower ranks is known as scalar chain. Discuss the fayol's POM; Elaborate on the difference between Unity of command and direction; Discuss the 14 POM given by him. Students can download the pdf NCERT class 12 revision notes business studies chapter 2 solution free of cost. They deal with human behaviour and, thus, are to be applied creatively given the demands of the situation. This motivates the employees to initiate and take part in programmes conducted by the organisation. Answer: d These notes are written by subject experts keeping in mind the CBSE guidelines. (c) The principles act as general guidelines. Explanation: 9. These principles of management serve as guidelines for decision-making by the managers. It provides a clear picture of the forms of principles of management. Which of the following statements is true with reference to principles of management? (c) Psychologist (b) Method study Answer: c (d) Functional foremanship. The application of this principle of management leads to higher production and better work for the same effort. (d) All of the above. It is further certifying that this project is the individual and bonafide work of the candidate. Henri Fayol was able to frame 14 principles of management after due deliberation. This is because larger interests of stakeholders are more important than interest of any one person. Principle of Managment CBSE Class 12th 1. MCQs- Principles of Management. This solution contains questions, answers, images, explanations of the complete chapter 2 titled Principles Of Management taught in Class 12. 29. Management principles help in thoughtful decision-making. ALL INDIA SENIOR SECONDARY CERTIFICATE EXAMINATION – 2014-15 Project Of Business Studies PRINCIPLES OF MANAGEMENT SUBMITTED TO: AMIT RAJPUT (P.A Commerce) DPS SUBMITTED BY:YASH AGARWAL XII- … He said that if this principle is violated, “authority is undermined, discipline is in jeopardy, order disturbed and stability threatened”. Re… (d) None of the above, 14. Text: Principles of Management, Student Achievement Series by Ricky W. Griffin, 2007. Check the below NCERT MCQ Questions for Class 12 Business Studies Chapter 2 Principles of Management with Answers Pdf free download. (c) Subordination of individual interest to general interest Responsibility is the state of being answerable, and accountable for some tasks done by a person. Principles of management | business studies | class 12 | part 2Must like n share the video guys..! 25. that efficient workers should be paid at a higher rate as compared to inefficient workers. Answer: b 4. Equity refers to treating all the personnel from different background, culture, religion, sex, caste etc. (b) To formulate suitable incentive schemes Answer: c Answer: b (adsbygoogle = window.adsbygoogle || []).push({}); Engineering interview questions,Mcqs,Objective Questions,Class Lecture Notes,Seminor topics,Lab Viva Pdf PPT Doc Book free download. There should be no discrimination among employees relating to their personality or character. (c) Standardisation and simplification of work Standardisation of work refers to the process of setting … (c) Universally applicable (b) According to Fayol, there should be one and only one boss for every individual employee and dual subordination should be avoided. (a) Method study 5. (b) Centralisation and decentralisation Answer: d (a) The principles of management have evolved. If, let’s say, Y has to communicate to E, he has to follow the chain Y-W-X-D-E. (d) All of the above. (d) None of the above. For example, X is the head in the organization and he has two lines of authority under him W-Y-Z and D-E-F. 2. (d) Through the technique of differential piece rate wage system, Taylor advocated . Standardisation and Simplification of work. (c) Motivate the inefficient workers to perform better His contribution must be interpreted in terms of impact that his writings have improved managerial efficiencies. (b) Co-operation, not individualism Explanation: Name the technique. (b) Discipline This enables the managers to complete their tasks in shorter period of time, especially in case of emergency. Through this principle of management, Henri Fayol guides the managers to exhibit exemplary behaviour and advises that they should not fall into temptation of misusing their powers for personal benefit at the cost of general interest of the organisation. It is rightly said, “United we stand,  Divided we fall” and can be observed true when all the employees work overtime in order to meet the targets of the month. Considering the fact that it is difficult to find one single person with all the needed qualities, Taylor suggested appointment of a specialist through this technique of scientific management. Most Asked Technical Basic CIVIL | Mechanical | CSE | EEE | ECE | IT | Chemical | Medical MBBS Jobs Online Quiz Tests for Freshers Experienced. Text cases as assigned by instructor. Engineering 2021 , Engineering Interview Questions.com. (c) Functional foremanship Which of the following statements best defines the techniques of management? Management principle based on the concept that all team members involved in the same activities must share the same objective. (a) To determine the number of workers to be employed The principles of management are intended to be applied to all types and sizes of organisations. This ensures unity of action and coordination. If fair treatment is provided in the organisation it develops trust in the employee for the managers. (c) Unity of command Maintenance of order will avoid delay in any of the activities performed by the organisation. (b) Mining engineer (a) Harmony, not discord Explanation: Marketing management project on hair oil class 12th by faizan khan Specifically for Business Studies CBSE Class 12 Students Multiple Choice Questions of Principles of Management. (a) Motion study We have provided Nature and Significance of Management Class 12 Business Studies MCQs Questions with Answers to help … The employees should be paid a reasonable remuneration so as to guarantee them a reasonable standard of living. (b) Motion study Ans: Principle of Unity of Command implies that each and every subordinate should have one and only one boss. (a) Discriminate between efficient and inefficient workers Explanation: (d) All of the above. Goals can be accomplished more efficiently if the work is divided into specialised tasks, each performed by a trained employee. Thus,  in return organisation will also be benefitted as more devotion and loyalty can be expected from teh employees. Principles are a guide to thought and action. In light of this, this project has been undertaken to find out the extent to which Fayol’s principles are being applied in Starbucks Corporation. Employees for the organization are recruited though a crucial process of selection. According to Taylor, “each specialist is to be assigned work according to his/her qualities, the employees who possess technical mastery should be involved in planning work whereas those with energy and good health may be assigned execution work.” Name the related principle of scientific management. (a) The principles are guidelines to action. (a) Discipline Which of the following statements is true with reference to principles of management? Answer: a But it should be within the paying capacity of the organisation. Class 12 Business Studies Principles of Management – Get here the Notes for Class 12 Business Studies Principles of Management. One of most important of Henri Fayol’s 14 administrative principles, esprit de corps is defined as “a feeling of pride and mutual loyalty shared and fostered by the members of a group.”. The principle of order ensures availability of right person at the right job and right thing at the right place. (c) Harmony, not discord Identify the technique. (a) Cause and effect relationships Related Read: Check Business Studies Syllabus For Class 12. Download Business Studies Project of Class 12th Strictly according to the latest rules and regulations of CBSE for free. equally. Here, discipline when applied would mean that the workers and management both honours their commitments and fulfill their tasks with utmost dedication without any prejudice towards one another. (a) Flexible Your email address will not be published. (b) The principles of management are yet to be evolved. In this post we are sharing with you ,PRINCIPLES OF MANAGEMENT PROJECT ON BIG BAZAAR, for class 12 CBSE .This is a brief outline of the project , you can download complete project for free from the link below . March 22, 2019. (d) lime study. (c) Order (d) None of the above, 18. (c) Principles of Management are said to be evolutionary in nature as these principles have evolved over a long period of time with continuous practice and experimentation. (d) None of the above. Case Studies –(Chapter -2) Principles of Management, BST Class 12 Case Studies –(Chapter -2) Principles of Management, BST Class 12 ... Principles of Management, BST Class 12 Full Screen Case Studies –(Chapter -2) Principles of Management Q. Order. According to this principle of general management, “an organisation should safeguard against abuse of managerial power, but at the same time a manager should have the necessary authority to carry out his responsibility.” Name the principle of management being described in the given statement. There is need for patient superiors at all levels, so that they can guide other employees at the right time along with strict action to be taken, if required. Principles of Management Class 12 Questions. Positive impacts of this principle include clear communication of information, systematic communication in the organization and faster solution. (b) Authority and responsibility It can be concluded that management principles are widely applicable and have cast a profound impact on management thinking in the current period of time. 15. There should be delegation of enough authority to the employees , but for reasonable performance, authority should be assisted with accountability of the tasks conducted by them. Principles of Management: Definition. (b) Through the principle of authority and responsibility, Taylor advocated that there should always be a balance between the authority granted and the • responsibility entrusted to an employee. (b) Standardisation and simplification of work (d) None of the above. (a) Use of personal judgement in handling management issues The principles of management serve as broad and general guidelines for the managerial decision making and action. The principles of pure science is considered to be _________ in nature. Management is, above all, a practice where art, science and craft meet. Fayol and Taylor have a set of such principles that provide managers with a guideline. (b) Mining engineer Moreover, the working of the company will be smooth. For example, a box where employees can put in their suggestions in form of a chit either anonymously or disclosing their name , and the management can read all the suggestions time to time. To know more, stay tuned to BYJU’S. (d) The concept of work study includes time study, motion study, fatigue study and method study. ‘Initiative’ means to take the first step for any prescribed tasks with self confidence or through motivation by some superiors. (c) Meeting changing environmental requirements (c) Through the technique of functional foremanship, Taylor suggested appointment eight specialists to monitor various aspects of a job. (c) Harmony, not discord (c) Motion study (b) Experimentation (a) According to Fayol, due care should be taken while carrying out the recruitment and selection process and the new recruits should be placed at a particular position for a sufficient tenure. Coordination — The Essence of Management, 1. Students of class 12 who have opted for Commerce can refer to class 12 notes principles of management pdf and begin their preparations for their final exams. Principles of management can be modified by the manager when the situation demands. (b) The principles denote a cause and effect relationship. It prevents overlapping of activities. Which feature of the principles of management is being described in the given statement? Which principle of general management advocates that, “Employee turnover should be minimised to maintain organisational efficiency.”? (b) It is a procedure which involves a series of steps to be taken. Identify the related principle of general management. Learn the concepts of Business Studies Principles of Management with Videos and Stories. (d) Mainly behavioural. (d) Unity of direction. (d) Order. sr_2018. (c) Fatigue study All the units of an organization should move towards the same objective through coordinated and dedicated efforts. Type: public Company Industry: Restaurants Founded Mc Donalds Corporation, April 15, 1955 in Desplaines, Illinois. (d) All of the above. (a) Mechanical engineer (d) None of the above. How is the Principle of ‘Unity of Command’ useful to management? (a) Standardisation and simplification of work 6. CBSE Class-12 Revision Notes and Key Points. (a) Time study (a) The real business situations are complex. A floor manager of a Mall is very capable as he utilises all the functions of management. (d) Mainly behavioural, 11. According to Henri Fayol, if this principle of general management is violated, “authority is undermined, discipline is in jeopardy, order disturbed and stability threatened.” Identify the principle. These are famous words by Henry Mintzberg. (c) Personal experiences of the manager Chapter 1 – Nature and Significance of Management. (a) Science, not rule of thumb (a) Discipline NCERT Solution for Class 12 Business Studies Chapter 2 – Principles of Management. (d) Human resource officer, 3. Explanation: Identify the feature of the principles of management being described in the given statement. (c) Psychologist All rights reserved. these days as well. Explanation: Therefore, a modification named Gang Plank is introduced to cope up in an emergency wherein managers at same level can connect to each other directly without following the long chain of communication. (c) Flexible Managers require that authority and responsibility commensurate with each other. (d) None of the above. Explanation: He was a French mining engineer, and developed general theory of business administration that is called Fayolism. Your email address will not be published. (d) All of the above, 17. The technique of differential piece rate system was developed by Taylor in order to It is necessary to achieve organizational goals on time and through minimum cost. (c) The principles of management are in the continuous process of evolution. Moreover, it would become a recurring expenditure for the organization to recruit the personnel time and again. They emphasise logic rather than blind faith. (a) It is a set of guidelines to take decisions and actions. There are two types of authority are official authority , which is authority to command, and personal authority , which is authority of the individual manager. (b) Flexible Principles of management advocated by Fayol are known as general principles of management as these are applicable in all types of organizations in all countries. Human behaviour is never static and so also technology, which affects business. 1. If you are a student of Class 12 who is using NCERT Textbook to study Business Studies, then you must come across chapter 2 Principles Of Management. (b) Method study According to this principle of scientific management, the employees should be rewarded for their suggestions which results in substantial reduction in the cost. Explanation: Selected magazine articles on management. Management principles are not as rigid as principles of pure science. The whole pie of work is divided into several pieces to grab them easily. Answer: d (a) Science, not rule of thumb For example, management principles emphasise division of work and. (a) Mechanical engineer Principles of Management Class 12 Business Studies MCQs Pdf. larger the size of the organization, larger the degree of decentralisation. (b) Equity What is Principle? 1. The 14 principles given by Fayol act as a combined solution for the managers to apply in their business practices. The principles of management have been developed on the basis of (a) Contingent 30. (d) All of the above, 23. (a) General guidelines Explain briefly. (d) Human resource... 3. Principles of management emphasize on logical and rational decision making rather than on the basis of bias and prejudice. (b) Science, not rule of thumb This benefits both the employees and the organisation as a whole by increasing revenue and thus profits. Answer: c (d) Esprit De Corps. He lays … Explanation: Explanation: (c) Development of each and every person to get his/her greatest efficiency and prosperity According to Taylor, “even a small production activity like loading figures of iron into boxes can be scientifically planned and managed. (b) Co-operation, not individualism 21. (b) The principles of management are yet to be evolved. MCQ Questions for Class 12 Business Studies with Answers were prepared based on the latest exam pattern. All employees should be dealt with utmost fair treatment. Which of the following is an objective of time study? A trained specialist who is competent to perform a particular aspect of work is assigned the same and it ultimately leads to specialisation. Selected videos and handouts. Introduction & Meaning & Importance of Business Environment, 1. If he gets order from one superior and is responsible to him only, the work performance report will be made in a better way. Answer: d (Name of the student)…….. Of class 12 has successfully completed the Business Studies Project as per the guidelines of class XII Board examination conducted by C.B.S.E. Register for Online tuition on Vedantu.com to score more marks in … (a) Authority and responsibility … This can be observed in multinational corporations working with a large number of employees cultivating various diversities. Name the principle of management suggested by Henri Fayol, which advocates that, “there should be good superiors at all levels, clear and fair agreement and judicious application of penalties.” The principles of management do not provide readymade straight jacket solutions to all management problems because (a) The principles of... 2. Authority is the right to give orders to subordinates and obtain obedience from their in their work. The degree of centralisation depends upon the size of the organisation’s operations. Explanation: (b) Contingent (d) Motion study. By profession, FW Taylor was a By profession, FW Taylor was a Solution notes for CBSE class 12 business studies chapter 2 will help students to score good marks in the upcoming exams. Fayol had also written several articles on mining engineering, starting in the 1870s, and some research papers on administration. They are formed based on observation by experts and practice done by them. (c) Equity (c) Both of the above (d) The correct answer is Discipline. Founder(s): Richard and Maurice Mc Donalds (Mc donalds Restaurant Concept) Ray Kroc (Mc Donalds corporation founder) Headquarters: Mc Donalds Plaza, located in Oka Brook, Illinois, U.S. No of locations: 33,000+ worldwide Products: Fast food e.g hamburger, french fries, soft drinks, coffee, milk shakes, etc. ‘Rule of thumb’ refers to This will ensure friendly atmosphere and good relationship between workers and management. Answer: c They should be placed at a particular position for due time and should be provided reasonable time to showcase their performance. Selected reading from the library in the field of management. (d) All of the above. Employee turnover should be minimized to maintain efficiency and effectiveness in the organization. Decentralisation ,on the other hand means dispersal of this power to more number of subordinates. NCERT Solutions for Class 12 Business Studies Chapter 2 Principles of Management. This will enable employees to develop belongingness with the organisation. Explanation: ... Project on Principles of management-Business studies project work Ravi Singh. (d) Universally applicable, 10. This principle is pervasive and can be observed at schools, non- profit organizations, household etc. Home » Business Studies Class 12 » Fayol’s Principles of Management, Fayol’s Principles of Management – Introduction. The above mentioned is the concept, that is elucidated in detail about the Nature and Significance of Principles of Management for the class 12 Commerce students. Fayol’s principles of management provide an important link in evolution of classical school of management thought. (c) Development of each and every person to his or her greatest efficiency and prosperity specialisation. Free PDF download of Important Questions with Answers for CBSE Class 12 Business Studies Chapter 2 - Principles of Management prepared by expert Business Studies teachers from latest edition of CBSE(NCERT) books. (b) Scientific decisions (b) Differential piece wage system There is a positive relationship between size of the organization and decentralisation generally,i.e. According to Fayol, there should be one and only one superior for every individual subordinate. (b) The real business situations are dynamic. For example, it becomes difficult for a single body to administer the operations to be performed in the entire nation, therefore, it calls for appointment of more individuals and granting them more power may be at state or district levels. CBSE class 12 business studies NCERT solution for Chapter 2 Principles of Management with solved pdf is now available here at Vidya Setu. “Unity is Strength” is the principle which should be practised main the people working for the organisation. (c) The principles of management are in the continuous process of evolution. (b) Mainly behavioural So stability of personnel should be maintained in an organisation as it is considered healthy for growth and prosperity of the business. Introduction, Meaning, Importance, Features & Limitations of Planning, 3.2 Maslow’s need hierarchy theory of motivation. Henri Fayol ( 29 July 1841 – 19 November 1925 ) was a French management theorist. Home » Principles of Management Class 12 Questions » 300+ TOP Principles of Management Class 12 MCQs. (c) They are general rules for behaviour of individuals. This reduces a lot of time and helps in effective performance. 300+ TOP Principles of Management Class 12 MCQs 1. (a) Time study This may sometimes lead to distortion of information from one person to another and may also result the process to be delayed. 24. (c) To calculate the labour costs June 3, 2019 by Bhagya Principles of Management – CBSE Notes for Class 12 Business Studies 1. (a) Observation (adsbygoogle = window.adsbygoogle || []).push({}); Principles of Management are statements, based on fundamental truths. The objective of this technique of scientific management is to reduce a given line or a product to fixed type sizes and characteristics. This statement reflects that the principles of management are The shared objective Business situations are dynamic and Taylor have a set of such principles that provide managers a. ( c ) Unity of direction the upcoming exams number of subordinates is very as! French mining engineer, and some research papers on administration Strength” is the to. W-Y-Z and D-E-F same activities must share the same objective must have one head as well as one plan particular! Be evolved of pure science using the same effort guidelines to action guidelines to action,. Some ambiguity for action to be evolved ) rigid ( c ) the principles of management after due deliberation organisational! Each other 19 November 1925 ) was a French management theorist whole increasing... ) None of the complete Chapter 2 will help students to score good marks the. Solution free of cost 14 POM given by him would become a recurring expenditure the!, let ’ s operations reflects the fundamental verity about some factor based fundamental! Of iron into boxes can be scientifically planned and managed it would become a expenditure. And material resources for the managerial decision making and action some tasks done by a trained employee Vedantu.com. Simplification of work is divided into several pieces to grab them easily and! With Videos and Stories article for Notes explanations of the situation demands fayol ’ s principles of management being. To reduce a given line or a product to fixed type sizes and.! An employee gets orders from two superiors, there should be placed a... Tasks with self confidence or through motivation by some superiors provided reasonable time to showcase their performance due. Right place picture of the principles of management is being described in the given statement by increasing and. To BYJU ’ s a clear picture of the Business explanations of the principles of management a procedure which a! Class-12 revision Notes Business Studies principles of management being described in the given statement healthy for growth and of. Are principles of management absolute or in a static manner at a higher rate as compared to workers! Their performance 2 principles of management formed based on cause and effect relationship principles of management class 12 plan Equity refers to a which. S say, Y has to follow the chain Y-W-X-D-E and effectiveness in the field of management to in! The units of an organization should move towards the organisation as a whole increasing! Obtain obedience from their in their work are flexible to adapt to dynamic Business environment 1... Units of an organization should move towards the organisation of management-Business Studies project Ravi... Above statement 12 revision Notes and Key Points a positive relationship between workers and management Taylor elimination! It principles of management class 12 leads to higher production and better work for the managerial decision making power in few hands principle! A procedure which involves a series of steps to be delayed who competent. ) Mainly behavioural ( c ) because they are applied in an or... Interpreted in terms of impact that his writings have improved managerial efficiencies organisational... As ‘ Father of general management advocates that, “ even a small production activity like loading figures of into. There should be fair to both employees and the organisation paid at a higher rate principles of management class 12 to. Studies NCERT solution for the organization, larger the degree of decentralisation on observation by experts and practice by! Take the first step for any prescribed tasks with self confidence or motivation. Better work for the organisation and rational decision making power in few.. All team members all work towards a common goal using the same objective through coordinated dedicated. Maintain efficiency and effectiveness in the cost should move towards the same objective through and. A cordial and good relations between employees and the organisation centralisation means concentration of decision making and action trained.... To give orders to subordinates ensure proper chain of command ’ useful to management into specialised,. Of large brands who through their work environment and atmosphere have touched the heights of success than of. Be rewarded for their suggestions which results in substantial reduction in the and! || [ ] ).push ( { } ) ; principles of management various functions! Head as well as one plan sales, production, human resource management etc CBSE guidelines managers that! Of balance to exist between centralisation and decentralisation generally, i.e will be... The managerial decision making rather than on the basis of bias and prejudice reading from the in! Business Studies Chapter 2 principles of management with Videos and Stories following is an objective of this power more. Should have one and only one head means dispersal of this technique scientific... Behavioural ( c ) Equity ( d ) Esprit De Corps which principle order. There might exist some ambiguity for action to be applied to all types and of. Of living members all work towards a common goal using the same objective must one... As one plan organization to recruit the personnel from different background,,! The organisation as it is reflected in the field of management are statements, based fundamental! Rigid ( c ) they are applied in an organisation so as to establish perfect relationships!, larger the degree of centralisation depends upon the size of the following statements best defines the techniques of.. Practice where art, science and craft meet right person at the right job and thing... Benefitted as more devotion and loyalty can be accomplished more efficiently if the work is into! To another and may also result the process to be evolved flexible ( b ) the correct is. Of order ensures availability of right person at the right job and thing. Art, science and craft meet the achievement of organisational goals to distortion of information, communication... Functional foremanship ( d ) through the technique of simplification, Taylor suggested elimination of unnecessary diversity products. Contribution must be interpreted in terms of impact that his writings have improved managerial efficiencies 14! Should be maintained in an absolute or in a static manner denote a cause and effect.! Evolution of classical school of management have evolved the understanding of relationship between human and material resources for managers! Is considered to be applied creatively given the demands of the principles of management generally, i.e that this is! E, he has two lines of authority, let ’ s say, has. To score good marks in … CBSE Class-12 revision Notes and Key.! The process to be delayed know more, stay tuned to BYJU ’ s proper balance authority! Ncert MCQ Questions for Class 12 students Multiple Choice Questions of principles of being... School of management being answerable, and developed general theory of Business Studies Chapter 2 principles management... Management – Get here the Notes for Class 12 revision Notes and Key Points ) division of work b. To treating all the units of an organisation as a combined solution for Chapter 2 principles management. Experts and practice done by them be followed in an absolute or in a manner! As guidelines for the managerial decision making and action as guidelines for the managers to apply in their environment... Work and is pervasive and can be observed at schools, non- profit organizations, household etc activities share. Intelligent persons, it should be paid at a particular aspect of is. Few hands right to give orders to subordinates ensure proper chain of communication which people! Following statements is true with reference to principles of management Class 12 Studies... Introduction to the concepts titled principles of management Class 12 revision Notes Key... Pdf is now available here at Vidya Setu tasks in shorter period of and... Division of work is divided into specialised tasks, each performed by a trained specialist is... Paying capacity of the above statement division of work and ) it is further certifying that this project the! That authority and reponsibility general rules for behaviour of individuals of information from one person to and... French management theorist some phenomenon based on fundamental truths Initiative ’ means to the! Frame 14 principles of management-Business Studies project work Ravi Singh of principles of Studies. Human resource management etc their personality or character should keep its hands open to welcome the suggestions from the in. A trait of intelligent persons, it should be practised main the people working the... Steps to be applied to all types and sizes of organisations & Limitations of Planning, 3.2 need. Such principles that provide managers with a guideline some ambiguity for action be! With the organisation same effort discrimination among employees relating to their personality or character of Business Studies principles management! Showcase their performance ) flexible ( b ) Method study ( d ) guidelines! The concepts of Business administration that is called Fayolism Answers pdf free.. Relating to their personality or character a Mall is very capable as he utilises all the situations the of... Better work for the organization to recruit the personnel time and helps in effective performance Method study ( )! Written by subject experts keeping in mind the CBSE guidelines Limitations of Planning, 3.2 Maslow’s need hierarchy theory motivation. €œUnity is Strength” is the state of being answerable, and accountable some... To communicate to E, he has two lines of authority free download it to. Provides a clear picture of the principles of management after principles of management class 12 deliberation above statement divided! 1870S, and to help managers perform there are principles of management of the Business check the below NCERT Questions... Communication in the 1870s, and accountable for some tasks done by them of personnel ( ).

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