Question

Management principles enable managers to learn past mistakes and conserve time by solving recurring problems quickly as such management principles increasing management efficiency for example a manager can routine of decision-making to his subordinate and deal with exceptional situation with his /her first. state the point of the significance of principle of management highlighted above b. state the point of principles of management highlighted above

Answer 1

Answer:

Toyota follows certain well-defined business principles guiding its functioning. These are:

1. Honour the language and spirit of law of every nation and undertake open and fair corporate activities to be a good corporate citizen around the world.

2. Respect the culture and customs of every nation and contribute to economic and social development through corporate activities in local communities.

3. To provide clean and safe products and to enhance the quality of life everywhere.

Explanation:

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