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Which of the following statements is/are true with reference to principles of management?
The principles are guidelines to action.
The principles denote a cause and effect relationship.
Principles help the manager to take decisions while performing various management functions.
All of the above.
- Option 1: The principles are guidelines to action.
- Management principles provide a framework that guides managers in decision-making and action-taking.
- Option 2: The principles denote a cause and effect relationship.
- These principles often outline predictable outcomes. If a specific management action is taken, a particular result is expected.
- Option 3: Principles help the manager to take decisions while performing various management functions.
- They offer a foundation for managers to make informed and effective decisions across different management functions.
- Option 4: All of the above.
- This option combines all the above points, emphasizing that management principles serve as guidelines, illustrate cause and effect, and support decision-making.
Answer: Option 4 - All of the above.
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