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Explain any five characteristics of prin...

Explain any five characteristics of principles of management.

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Four characteristics of 'principles of management.' : -
1. Flexibility: Management principles can be applied differently under different conditions. Some changes can be made in application of principles according to the requirement of the company. These are not set of rigid statements. These can be modified by the managers who are using them.
For example, the principle of centralisation insists on concentration of power and authority at top level but the extent and degree of centralisation may vary according to nature of organisation and centralisation does not mean total centralisation, there can be use of decentralisation at lower level if organisation demands it.

2. Behavioural in nature: ...
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