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3. The principles of management are __________ as their applicability is___________ upon the prevailing
situation at a particular point of time.
4. A managerial principle is a broad and___________ guideline for decision making and behaviour.
6. Principles of management enable a better understanding of the relationship between _________ and
____________resources in accomplishing organizational purposes.
7. Derivation of principles of management may be said to be a matter of_________ and their creative
application may be regarded as an__________________.
9. The principles are guidelines to action but do not provide readymade, ______________ to all managerial
problems.
11. Principles are ____________to take decision whereas___________ are methods to take action.
12. The principles of management provide basic groundwork for the development of management as a
_________
15.____________ is the lowest ranking manager and the highest ranking worker.
16. The objective of __________study is to determine the one best way to perform the job.
17. Taylor believed that there was only______________ best method to maximise efficiency.
19. The concept of functional foremanship was extended to the ___________level of the shop floor.
20. To establish interchange ability of manufactured parts and products is the objective of__________
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21. Through___________ study, Taylor was able to design suitable equipment and tools to educate workers
on their use.
22._____________ means knowing exactly what you want men to do and seeing that they do it in the best
and cheapest way.
23. As per one of the principles of scientific management, one best method to do a work is developed through
study and analysis and it substitutes_________________
28.______________ refers to the process of setting standards for every business activity.
30. The objective of______________ is to find out one best way of doing the job.
33.__________________involves a change in the attitude of workers and management towards one another
35. Taylor gave the concept of __________ Management' whereas Fayol emphasized __________ Principles
36. Ford Motor company successfully use the concept of _______________ devised by Taylor.
37._______________ is the right to give orders and obtain obedience, and____________ is the corollary of
authority.
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