The 14 Principles of Management Are Associated with Fayol

question 48

True/False

The 14 principles of management are associated with Fayol.

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Definitions:

Electricity

A form of energy resulting from the existence of charged particles, used for power and a variety of applications in the modern world.

Medical Services

Healthcare and treatment provided by trained medical professionals to diagnose, treat, and prevent illness or injury.

Brand Loyalty

The tendency of consumers to continuously purchase products from the same brand due to satisfaction, preference, or perceived superiority.

Elastic

A description of a situation where the demand or supply for a good or service significantly changes in response to a change in price.