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The principles of management refer to the fundamental guidelines that inform and shape the management practices within an organization. These principles, developed by theorists like Henri Fayol and Frederick Taylor, encompass concepts such as planning, organizing, leading, and controlling resources to achieve organizational goals effectively and efficiently. They serve as a framework for decision-making, problem-solving, and strategic planning, helping managers navigate various challenges and improve overall performance. Ultimately, these principles aim to enhance coordination and productivity within an organization.

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