features of Principles of Management

1.    Principles of Management are Universal

• a.      Management principles are applicable to all kinds of organizations - business & non business.
• b.      They are applicable to all levels of management.
• c.      Every organization must make best possible use by the use of management principles.
• d.      Therefore, they are universal or all pervasive.

2.      Principles of Management are Flexible

• a.      Management principles are dynamic guidelines and not static rules.
• b.      There is sufficient room for managerial discretion i.e. they can be modified as per the requirements of the situation.
• c.      Modification & improvement is a continuous phenomenon in case of principles of management.

3.      Principles of Management have a Cause & Effect Relationship

• a.      Principles of management indicate cause and effect relationship between related variables.
• b.      They indicate what will be the consequence or result of certain actions. Therefore, if one is known, the other can be traced.  

5.      Principles of Management are of Equal Importance

• a.      All management principles are equally important.
• b.      No particular principle has greater importance than the other.
• c.      They are all required together for the achievement of organizational goals.
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