How many principles of management did Fayol enumerate?
A10
B12
C14
D16
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- Factual Approach to Decision-Making: Decisions should be based on data and information to ensure they are well-informed.
- Involvement of People: Employees at all levels are essential for innovation and creativity.
- Continual Improvement: The primary goal of continual improvement is to maintain the status quo and avoid change.
- Process Approach: Managing activities as a coherent process leads to better resource utilization and consistent results.