The principles are guidelines to action but do not provide readymade, straitjacket solutions to all managerial problems. This is so because .
(a) The applications of principles has to be changed as per requirements. '
(b) Real business situations are very complex and dynamic and are a result of many factors.
(c) Principles are like different tools serving different purposes, the manager has to decide which tool to use under what circumstances.
(d) All the above
