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Evaluate the following statements regarding the principles of planning:

  1. Principle of Primacy of Planning states that planning is the first and most fundamental managerial function that precedes all others.
  2. Principle of Flexibility dictates that a plan should be rigid and unchanging to ensure consistency and avoid any deviation from the original course of action.
  3. The Principle of Limiting Factor emphasizes that when choosing among different alternatives, critical factors such as money, manpower, and machinery must be recognized and given due weight.

    A1, 3

    B2, 3

    CAll

    D1, 2

    Answer:

    A. 1, 3

    Read Explanation:

    • The Principle of Flexibility highlights a plan's "ability to switch gears, change direction to adapt to changing situations without unnecessary cost". A rigid and unchanging plan would be the opposite of this principle.


    Related Questions:

    Consider the following statements: Which of the above is/are correct?

    1. Communication is the first and most important element of directing.
    2. Without communication, direction is meaningless.
    3. Communication is limited only to conveying orders downward.

      Evaluate the following statements related to the steps in the organizing process:

      1. The first step in organizing is the Division of Work, where the overall task is broken down into specific jobs and activities.
      2. Assignment of Duties is the step where managers are given the necessary authority and responsibility to perform their tasks.
      3. The final step, Establishing Reporting Relationships, creates the formal hierarchy and communication channels within the organization.
        Which of the following is NOT an element of direction?

        Consider the following statements: Which of the above is/are correct?

        1. Vertical promotions involve a change in job classification with increase in responsibilities and pay.
        2. Dry promotions involve increase in pay but no change in responsibilities.
        3. Versatility transfers are made to reduce boredom and train employees in multiple skills.
        4. Remedial transfers are to correct mistakes in selection and placement.
          The 'Contingent' nature of management principles implies that: