Principles of Management

     Principles of management definition:

     A principle is a fundamental truth and is generally stated in the form of cause and effect inter-relationship. Management principles are the statement of general truth providing guide to thought or action.

     In the words of Herbet G. Hicks," Principles of management are the guiding rules of laws for managerial action."
     In the words of Kantooz and O'Donnell, "Management principles are fundamental truth of general validity."These truths are the guiding pillars in the managerial execution of functions and solution to problems.Every social science has developed its own principles.Management is also a social science and thus it has developed a number of management principles from time to time.