Question

What do you mean by principle of management

Answer 1

Principles of management are the underlying factors that affect how effective your management can be. The principles of management is actually a list that one must put into practice in order to bring about an effective management result.

Answer 2

Explanation:

Management is a science consisting of well tested principles. Principle mean a fundamental statement of basic truth that provides a guide to thought and action. It establishes a cause and effect relationship between two or more variables. For example, the law of demand in economics states that when price falls demand is likely to increase. principle of management originated as a result of past experience and research.