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Importance Of Management

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Explain any five points of importance of principles of management.

Explain any four points that highlight the importance of principles of management.

Management principles help the managers to learn from their mistakes and take effective decisions on time. Mention the importance of principles of management highlighted in the given statement

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What is meant by principles of management? State any three points of their importance.

After finishing he BBA degree course, Tanya gets a job of Assistant Manager in a retail company through the reference of her cousing Taruna who works in the same company as a Senior Manager. Taruna decides to guide Tanya through her experience by making her awar of the important facts about management in paracice. She talls heer that neighter the principles of management provide any readymade, straitjacket solutions to all managerial problems nor they ar not rigid prescriptions, which have to be followed absolutely. (i) Identify the two features of priciples of management mentioned in the above paragraph by quoting lines from the paragraph. (ii) Why do the principles of management not provide readymade, straitjacket solution to all managerial problems ?