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Business Studies · 2024 · 6 marks
CBSE 2024 · Region 5 · Set 2 · Q31
(a) Explain the following characteristics of principles of management: (i) Universal applicability (ii) Formed by practice and experimentation (iii)…
(a)
Explain the following characteristics of principles of management :
(i)
Universal applicability
(ii)
Formed by practice and experimentation
(iii)
Contingent
OR
(b)
Explain the following principles of management :
(i)
Division of work
(ii)
Order
(iii)
Unity of command
Marking-scheme solution
(i)
Universal applicability
§ The principles of management are intended to apply to all types of
organisations, business as well as non-business, small as well large, public
sector as well as private sector, manufacturing as well as the services
sectors.
§ However, the extent of their applicability would vary with the nature of the
organisation, business activity, scale of operations etc.
(ii)
Formed by practice and experimentation
§ The principles of management are formed by experience and collective
wisdom of managers.
§ These principles are formed by experimentation as well.
(iii)
Contingent
§ The application of principles of management is contingent or dependent
upon the prevailing situation at a particular point of time.
§ The application of principles has to be changed as per requirements.
OR
Q. (b) Explain the following principles of management:
(i)
Division of work
(ii)
Order
(iii)
Unity of command
(i)
Division of work
§ Work is divided into small tasks/ jobs. A trained specialist who is competent
is required to perform each job.
§ Thus, division of work leads to specialisation.
(ii)
Order
§ The principle of order states that ‘A place for everything (everyone) and
everything (everyone) in its (her/his) place’.
§ If there is a fixed place for everything and it is present there, then there will
be no hindrance in the activities of business/ factory. This will lead to
increased productivity and efficiency.
(iii)
Unity of command
§ The principle of unity of command states that each participant in a formal
organisation should receive orders from and be responsible to only one
superior.
§ This is to prevent confusion regarding tasks to be done.
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CBSE Class 12 Business Studies past-paper question from the 2024 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.