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Principle | Definition |
---|---|
Planning | The process of setting goals and determining the best course of action to achieve them. |
Organizing | Arranging resources and tasks to achieve the goals set during the planning stage. |
Leading | Influencing and motivating employees to work towards the common goals of the organization. |
Controlling | Monitoring performance and taking corrective actions to ensure goals are met. |
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Note: Data source: Management Study Guide