What is the meaning of principle?

What is the meaning of principle?


Solution: 


"Principle is defined as a fundamental truth or proposition that serves as the foundation for a system of belief or behaviour or for a chain of reasoning." In simple words, techniques or systems which give one-directional result are called principles.


OCM [Organisation of Commerce and Management] Business Studies, XII 12th Standard, 

HSC OCM MARCH 2020 BOARD PAPER WITH COMPLETE SOLUTION OMTEX CLASSES

Balbharati Solutions for Organisation of Commerce and Management (OC) 12th Standard HSC Maharashtra State Board

Chapter 1: Principles of Management

Chapter 2: Functions of Management

Chapter 3: Entrepreneurship Development

Chapter 4: Business Services

Chapter 5: Emerging Modes of Business

Chapter 6: Social Responsibilities of Business

Chapter 7: Consumer Protection

Chapter 8: Marketing