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Which of the following statements is not relevant to the concept of “Management as an inexact science”? (a) The principles of management lack universal validity (b) The principles of management lack universal applicability (c) The principles of management have to be modified according to the given situation (d) Management involves dealing with human behaviour and outcomes cannot be predicted with utmost accuracy?
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Which of the following statements is not relevant to the concept of “M...
Management as an Inexact Science

Introduction:
The concept of “Management as an inexact science” refers to the fact that management is not an exact science like physics or chemistry. It involves dealing with human behavior, which is unpredictable and varies from situation to situation.

Relevance to the concept:
(a) The principles of management lack universal validity:
This statement is relevant to the concept of “Management as an inexact science” because management principles cannot be applied universally. They need to be modified according to the specific situation and context.

(b) The principles of management lack universal applicability:
This statement is also relevant to the concept of “Management as an inexact science” because management principles cannot be applied universally. They need to be modified according to the specific situation and context.

(c) The principles of management have to be modified according to the given situation:
This statement is relevant to the concept of “Management as an inexact science” because management principles cannot be applied universally. They need to be modified according to the specific situation and context.

(d) Management involves dealing with human behavior and outcomes cannot be predicted with utmost accuracy:
This statement is NOT relevant to the concept of “Management as an inexact science” because it is a general characteristic of management that is not specific to the concept of inexact science.

Conclusion:
The concept of “Management as an inexact science” highlights the fact that management is not an exact science and involves dealing with unpredictable human behavior. It is important to modify management principles according to the specific situation and context to achieve desired outcomes.
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Which of the following statements is not relevant to the concept of “M...
(b) option
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Which of the following statements is not relevant to the concept of “Management as an inexact science”? (a) The principles of management lack universal validity (b) The principles of management lack universal applicability (c) The principles of management have to be modified according to the given situation (d) Management involves dealing with human behaviour and outcomes cannot be predicted with utmost accuracy?
Question Description
Which of the following statements is not relevant to the concept of “Management as an inexact science”? (a) The principles of management lack universal validity (b) The principles of management lack universal applicability (c) The principles of management have to be modified according to the given situation (d) Management involves dealing with human behaviour and outcomes cannot be predicted with utmost accuracy? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Which of the following statements is not relevant to the concept of “Management as an inexact science”? (a) The principles of management lack universal validity (b) The principles of management lack universal applicability (c) The principles of management have to be modified according to the given situation (d) Management involves dealing with human behaviour and outcomes cannot be predicted with utmost accuracy? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following statements is not relevant to the concept of “Management as an inexact science”? (a) The principles of management lack universal validity (b) The principles of management lack universal applicability (c) The principles of management have to be modified according to the given situation (d) Management involves dealing with human behaviour and outcomes cannot be predicted with utmost accuracy?.
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