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PRINCIPLES OF MANAGEMENT — OCM STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceOCMPRINCIPLES OF MANAGEMENT3 Marks
Question
How are management principles different from, management techniques?
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Answer

  • Management principles are different techniques in the following ways:

    • Management principles and management techniques are two different things.
    • Methods or techniques are the set of steps taken to achieve the target whereas principles are the guidelines for the decisions which have been taken during implementation of. the techniques.
    • Similarly, principles are not values. Values are acceptable or preferable since they are related with the morality whereas the principles are the universal truth and guidelines for the human behaviour.

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