Step 1: Consider the nature of management principles.
Management principles are meant to be applicable across all types of organizations, not just for specific businesses or industries. They provide a universal framework for effective management.
Step 2: Conclusion.
Thus, the correct answer is (2), as management principles are universally applicable.
Match List-I with List-II
| List-I (Principle of Management) | List-II (Explanation) |
|---|---|
| (A) Unity of Command | (I) Employees should receive orders from one superior only |
| (B) Unity of Direction | (III) Each group of activities with the same objective must have one head and one plan |
| (C) Scalar Chain | (II) The line of authority from the highest to the lowest ranks in the organization |
| (D) Division of Work | (IV) The work assigned to each worker should be clearly defined and clarified |