The characteristics of Principles of Management are as follows:
(i) Principles of management are universal/ pervasive: Principles of management are applicable to all levels of management. It is also applicable to different businesses which can be for profit and non-profit organisation, hospital, schools, and clubs or our own homes and households. This way they are universal or pervasive in nature.
(ii) Principles of management are flexible: These principles are flexible and dynamic and not static rules. This implies that there is a room for managerial discretion and changes which can be made as per the situation.
(iii) Principles of management have a cause and effect relationship: These principles suggest effect or consequences of certain actions of the management. Hence, these principles have a cause and effect relationship.
(iv) Principles of management aims at influencing human behaviour: These principles aim at influencing human behaviour which is complex and unpredictable. They focus on regulating yet directing human behaviour towards integrating efforts to achieve a common organisational goal.
(v) Contingent: Contingent means that situations are dependent on prevailing conditions. Application of management principles have to change according to changing conditions in which organisations function. For example team work is a principle practiced in management to ensure creativity and efficiency.