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For the last two years, Tulip Industries is not functioning smoothly and systematically. The relations between management and employees are becoming bitter day-by-day. After a complete analysis, it was observed that employees are not working effectively and efficiently and management is not fulfilling its commitment of increments and promotions. Which management principle is being ignored in the given case ?

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Management principles help the managers to learn from their mistakes and take effective decisions on time. Mention the importance of principles of management highlighted in the given statement

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