1. Principles of Management are Universal

 Management principles are applicable to all kinds of organizations - business & non business.

 They are applicable to all levels of management.

 Every organization must make best possible use by the use of management principles.

 Therefore, they are universal or all pervasive.

2. Principles of Management are Flexible

 Management principles are dynamic guidelines and not static rules.

 There is sufficient room for managerial discretion i.e. they can be modified as per the requirements of the situation.

 Modification & improvement is a continuous phenomenon in case of principles of management.

3. Principles of Management have a Cause & Effect Relationship

 Principles of management indicate cause and effect relationship between related variables.

 They indicate what will be the consequence or result of certain actions. Therefore, if one is known, the other can be traced.

4. Principles of Management - Aims at Influencing Human Behavior

 Human behavior is complex and unpredictable.

 Management principles are directed towards regulating human behavior so that people can give their best to the organization.

 Management is concerned with integrating efforts and harmonizing them towards a goal.

 But in certain situations even these principles fail to understand human behavior.

5. Principles of Management are of Equal Importance

 All management principles are equally important.

 No particular principle has greater importance than the other.

 They are all required together for the achievement of organizational goals.