Principles of management emphasize on logical and rational decision making rather than on the basis ...........

Management ( Phase -I & II) General Management

Principles of management emphasize on logical and rational decision making rather than on the basis of bias and prejudice. The given statement highlights that the knowledge of principles of management leads to

Providing managers with useful insight into reality

Scientific decisions

Meeting changing environmental requirements

All of the above

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Explanation:

- Principles of management help managers understand business situations better, giving them a useful insight into reality (Option 1).

- They support scientific decisions (Option 2), which means decisions are based on facts, data, and logic rather than guesses or biases.

- These principles also help managers in meeting changing environmental requirements (Option 3), by enabling them to adapt to shifts in market and business environments.

- So, all of the above (Option 4) is correct, as management principles cover all the mentioned aspects.

Correct Answer: Option 4 – All of the above