Basic principles that comprise good management include:
A) identifying goals and constraints.
B) recognizing the nature and importance of profits.
C) understanding incentives.
D) All of the statements associated with this question are correct.

Question

Quizplus · Accepted Answer

All of the statements are correct and are basic principles of good management. Identifying goals and constraints is necessary for effective decision-making and resource allocation. Recognizing the nature and importance of profits is essential for achieving financial success. Understanding incentives helps to motivate employees and drive desired behaviors.

Basic Principles That Comprise Good Management Include