PRF3702
ASSIGNMENT 1 (SEMESTER 2)
DUE DATE: 30 August 2024
Written Assignment Submission Guidelines:
Please ensure that your assignment is submitted electronically through the myUnisa platform no
later than …August 2024. Kindly note that fax or email submissions will not be accepted.
NB: Assignment submitted to the lecturer(s) through email will not be considered.
QUESTION 1
1. Explain in your own words, in one paragraph, what the following concepts mean.
1.1 Principle-based management (10)
ANSWER:
Principle-based management is a strategic approach where decision-making and organizational
behavior are guided by overarching principles rather than strict rules or prescriptive procedures.
This management style emphasizes adherence to fundamental values, such as integrity, fairness,
and respect, as the primary basis for organizational actions. Unlike rule-based management,
which relies heavily on detailed regulations to dictate behavior and decisions, principle-based
management provides a framework of core ethical standards and values that guide employees
in various situations. This approach empowers employees to exercise judgment and make
decisions that align with the organization’s values, even when specific rules or procedures may
not directly apply. It fosters a culture of trust and accountability, encouraging a proactive
approach to problem-solving and ethical behavior. By focusing on principles, organizations can
adapt more flexibly to changing circumstances and challenges while maintaining a consistent
alignment with their core values and mission. This management style promotes a deeper level
ASSIGNMENT 1 (SEMESTER 2)
DUE DATE: 30 August 2024
Written Assignment Submission Guidelines:
Please ensure that your assignment is submitted electronically through the myUnisa platform no
later than …August 2024. Kindly note that fax or email submissions will not be accepted.
NB: Assignment submitted to the lecturer(s) through email will not be considered.
QUESTION 1
1. Explain in your own words, in one paragraph, what the following concepts mean.
1.1 Principle-based management (10)
ANSWER:
Principle-based management is a strategic approach where decision-making and organizational
behavior are guided by overarching principles rather than strict rules or prescriptive procedures.
This management style emphasizes adherence to fundamental values, such as integrity, fairness,
and respect, as the primary basis for organizational actions. Unlike rule-based management,
which relies heavily on detailed regulations to dictate behavior and decisions, principle-based
management provides a framework of core ethical standards and values that guide employees
in various situations. This approach empowers employees to exercise judgment and make
decisions that align with the organization’s values, even when specific rules or procedures may
not directly apply. It fosters a culture of trust and accountability, encouraging a proactive
approach to problem-solving and ethical behavior. By focusing on principles, organizations can
adapt more flexibly to changing circumstances and challenges while maintaining a consistent
alignment with their core values and mission. This management style promotes a deeper level
