Features of principles of management:
(a) Universal application-Management principles have universal application. They can be applied to all levels of management and all types of organizations whether business or non-business organizations irrespective of size and nature.
(b) General guidelines-The principles are guidelines to action but do not provide readymade solutions to all managerial problems. These play advisory role in solving the problems.
(c) Formed by practice and experimentation-The principles of management are formed by experience and collective opinions, wisdoms of managers and as well as experimentation. These are not developed overnight but are the result of deep experiences of management experts.
(d) Flexible- The principles of management are not rigid. They are flexible and can be modified by the managers according to the situation.
(e) Mainly behavioral nature- Principles of management aim at influencing the human behavior. These help to understand the relationship between human and material resources in accomplishing organizational goals.
