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Principles of Management — Business Studies STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceBusiness StudiesPrinciples of Management1 Mark
Question
How can principles given by Fayol and Taylor be differentiated from each other on the basis of applicability?
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Answer

Fayol's principles are applicable universally whereas Taylor's principles are applicable to specialised situations.

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