Nature refers to the qualities and attributes of anything. Principle contains general prepositions, which are applicable when certain contributions are present. These are developed on the basis of observation and experiment as well. It is depending on the personal experiences of the manager also. it also depends on how they are derived and how effective they can explain and predict managerial behavior well. The development of management can be an art and science also. The deviation of the management can be science but the execution of management can be a form of art. These principles are learnable and create a disciplined environment at a business place. Management principles have gained importance and increased the professionalization of management. These principles have the power to guild the managers to take action appropriate. Principle denotes a cause and effect relationship, while functions of management help to plan, organize, staff, direct, and controlling to actions taken while practicing management. The most important work of the principles is taking decisions while performing these functions. There are several natures of management principles that are summarized in the following points.