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Explain any six points, which Explain any four points that highlight the nature of principles of management

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Characteristics of Principles of Management are :
i) Mainly Behavioural in nature: Principles of Management are said to be mainly behavioural because they influence the behaviour of human beings. It derives a relationship between Material, Financial & Human resources.
ii) General Guidelines: Principles of Management are General Guidelines, these Principles cannot be used to find out solutions for each & every problem. The Managers must change the Principle of Management according to what the Situation so demands. However the Importance of these Principles cannot be underestimated because they can be used to find out solutions for even small problems.
iii) Universally Applicable: Managerial Principles are Universally Applicable, i.e. they can be applied in any type of Organisation, be it a Business Concern or a Non-Business concern. Be a Small scale or Large scale. Or business that are seperated geographically. Managerial principles can be used in all types of Organisations but the Result may be different because in each organisation different set of people are present.
iv) Formed through Practise & Experimentation: Managerial Principles were not formed in a day. Just like Scientific Principles, Managerial Principles were developed after repeated Experimentation & Observation in different organisations. Once a certain Principle gave a good outcome in different organisations, it was then considered to be a Principle. Some Principles were also formulated on the basis of past experience of Managers.
v) Flexible: Unlike Scientific Principles which are rigid, Managerial Principles are said to be Flexible. The reason for this is because, Managerial Principles need not be used in the same rigid form they are presented in. The Managers can change the Principle according to the situation.

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