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Fayol's Principles of Management include:

A. Division of work

B. Authority and responsibility

C. Standardisation and simplification of work

D. Centralisation and decentralisation

Choose the correct answer from the options given below:

Solution

✅ Correct Option: 3

Fayol's 14 principles include division of work, authority and responsibility, and centralisation and decentralisation. Standardisation and simplification of work is a technique of Taylor's Scientific Management, not a principle given by Fayol. Hence A, B and D only.

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