Principles of Management is?

Henry Fayol, a frech industrialist, offered fourteen principles of management for the first time in 1916. During the period of 1920-40 in the U.S. many authors did hard work in developing and testing various principles of management. Today, there is a very lengthly list of management principles and

HI,short form:A principle refers to a fundamental truth. It establishes cause and effect relationship between two or more variables under given situation. They serve as a guide to thought & actions. Therefore, management principles are the statements of fundamental truth based on logic which provide

Principles of Management is the act of planning, directing,organizing and controlling to achieve organization goals.