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Dear student,
The explanation is as follows:
The explanation is as follows:
- Behavioural: The principles of management are said to be behavioural in nature as they aim at influencing the behaviour of individuals. Their applicability varies as per human nature.
- Contigent: The principles are contigent in nature as they can be used in different situations as per the requirement.
- Provide insight into reality: The principles of management are based on years of experience and experimentation. They guide the managers in facing the real world problems in a more effective manner.
- Help in decision making: As the principles of management are based on years of experience and experimentation, they stand the test of logic and reasoning. So, they help in logical decision making.