Which of the following are the distinct features of the Principles of Management?

A. Flexibility

B. Universal application.

C. Principles are absolute, not relative.

D. Based on situation.

E. Derived out of experience.

Choose the correct answer from the options given below:

The correct answer is A, B, D and E only.

Key PointsThe correct features of principles of management are:

A. Flexibility: The principles of management are flexible and can be adapted to different situations and contexts. They provide general guidelines that can be applied in various organizational settings, allowing for flexibility in their application.

B. Universal application: The principles of management are applicable across different industries, sectors, and organizations. They provide fundamental concepts and principles that can be universally applied to manage and lead organizations effectively.

D. Based on situation: The principles of management are not absolute and fixed. They consider the specific circumstances and context in which they are applied. Managers need to adapt and apply the principles based on the unique situations they face.

E. Derived out of experience: The principles of management are derived from the experiences, observations, and studies of successful managers and organizations over time. They are based on practical knowledge gained from managing and leading organizations.

Therefore, the correct features of the principles of management are A. Flexibility, B. Universal application, D. Based on situation, and E. Derived out of experience.