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A managerial principle is best described as a:

ABroad guideline for decisions
BRigid law of pure science
CFixed technique with steps
DMoral value of society
Answer & Solution
Correct answer: A. Broad guideline for decisions
1. It guides decision-making and behaviour. 2. It is not as rigid as a law of physics. 3. It is applied creatively to the situation. _Source: syllabus Business Studies Part I, Chapter 2, Principles of Management._
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