Written by students who passed Immediately available after payment Read online or as PDF Wrong document? Swap it for free 4.6 TrustPilot
logo-home
logo
  • Business studies
To add items to your wishlist, you must be logged in
Document preview thumbnail
Preview 1 out of 3 pages
Class notes

Class 12 BST Chapter 2: Principles of Management Principles of Management - Class 12 BST Note

0.0
(0 reviews)
- sold
3 pages
2024/2025 Written for academic year
Institution
Course
Business studies
Document preview thumbnail
Preview 1 out of 3 pages

Business Studies Chapter 2: Principles of Management. Learn all the key concepts, principles, and real-life examples to ace your exams. 2. Class 12 Business Studies Chapter 2: Principles of Management notes. Understand the 14 principles of management, their significance, and practical applications with detailed explanations. 3. A complete guide to Chapter 2 of Class 12 Business Studies: Principles of Management. Get in-depth insights, key points, and essential concepts for better understanding.

Content preview

Class 12 Business Studies - Chapter 2
Principles of Management


1. Meaning of Principles of Management

Principles of Management are broad and general guidelines for managerial decision-making and

behavior. They are not rigid rules but flexible in nature.



Keywords: guidelines, behavior, decision-making, not rigid, flexible



2. Nature/Features of Principles of Management

1. Universal Applicability - Applicable to all organizations.

2. General Guidelines - Provide a direction.

3. Formed by Practice - Based on observation and experimentation.

4. Flexible - Can be modified.

5. Behavioral - Influence human behavior.

6. Cause & Effect Relationship - Show result-oriented behavior.

7. Contingent - Depends on the situation.



Keywords: universal, flexible, cause-effect, contingent



3. Significance of Principles of Management

1. Provides Useful Insight to Managers

2. Optimum Utilization of Resources

3. Scientific Decisions

4. Meeting Changing Environment

5. Fulfilling Social Responsibility



Smart Study by Anushka
Connected book
image
Poonam Gandhi Business Studies (By- Poonam Gandhi) CBSE Class 12 Book (For 2023 Exam)
Publisher: Unknown ISBN: 9789356120365 Edition: Unknown

Document information

School year
1
Uploaded on
April 12, 2025
Number of pages
3
Written in
2024/2025
Type
Class notes
Professor(s)
My own handwritten notes
Contains
Class 12 business studies - chapter 2: principles of management
Report Copyright Violation
$8.69
Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF
Seller avatar
anushkasingh10
Sold
0
Followers
0
Items
7
Last sold
-

Browse related subjects

Subjects

  • principe of management
  • class 12 bst chapter 2
  • management principles
  • management theories
  • henry fayol principles
  • key management principles
  • prin
  • business studies chapter 2
  • class 12 business studies notes

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Learn more Create citation
Working on your references?

Frequently asked questions