Answer in one sentence. What is the meaning of principle? - Organisation of Commerce and Management

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One Line Answer

Answer in one sentence.

What is the meaning of principle?

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Solution

"Principle is defined as a fundamental truth or proposition that serves as the foundation for a system of belief or behaviour or for a chain of reasoning." In simple words, techniques or systems which give one-directional result are called principles.

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Chapter 1: Principles of Management - Exercise [Page 15]

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