What is meant by the statement, “Principles of Management are Flexible”?

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Management Principles are not as rigid as those of natural science viz. Physics and Chemistry. Principles of Management are not applied blindly in an identical manner to all situations. Management principles are not absolute and should be utilised in the light of changing and special conditions. Management principles do not provide any hard and fast rules and they have to be modified as per changes in the business environment.

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