Correct Answer: A standardized approach to decision-making

Solution : The correct answer is (a) A standardized approach to decision-making.

The principles of management offer a standardized approach or framework for making decisions within an organization. They provide managers with guidelines, concepts, and techniques that can be applied to various decision-making situations. These principles help managers make informed and consistent decisions based on established best practices and proven methods. The principles provide a foundation for decision-making processes and help ensure that decisions align with organizational goals, objectives, and values.