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 to decision-making by providing managers with fundamental concepts and guidelines. These principles serve as a framework that managers can use to analyze situations, gather relevant information, evaluate alternatives, and make informed decisions. They help ensure consistency and effectiveness in decision-making processes across different managerial roles and organizational contexts.