The principles of management are best described as a set of fundamental concepts and guidelines that help managers make decisions, perform managerial functions effectively, and provide a framework for further action in management. They denote a cause and effect relationship and serve as guidelines for planning, organizing, leading, and controlling activities in an organization. Thus, the principles of management help managers take decisions while performing managerial functions, denote cause and effect relationships, and act as guidelines for further actions in management functions. Specifically:
- They help managers take decisions while performing managerial functions.
- They denote a cause and effect relationship between management actions and outcomes.
- They serve as guidelines for further action in management functions.
Therefore, the best description of the principles of management is that they encompass all these aspects together.
