Features of principles of management:
(i) Universal applicability: Management principles can be applied to all kinds of organisations, irrespective of size and nature. However, the extent of application may vary depending upon nature or size.
(ii) General guidelines: Management principles cannot be used as tailor-made tools, i.e., they do not provide readymade solutions. They have to be adjusted as per the demand of situation. This is so because real business situations are very complex and dynamic.
(iii) Flexible: Management principles are not as rigid as the principles of pure science. Management principles can be modified according to the demand of the situation.
(iv) Behavioural: Management principles are mainly, behavioural in nature as they deal with human beings. As human behaviour is subject to change, the outcome of the principles of management would also vary from one situation to another. The managers apply these principles as per the need of the situation and their own creativity.