With reference to Henri Fayol's 14 Principles of Management, consider the following statements:

  1. The principles emphasize technical qualifications over managerial competence.
  2. They highlight the importance of clearly defined authority and responsibility.
  3. Fayol advocated decentralization as an important principle.

Which of the statements given above is/are correct?

1
1 and 2
2
2 only
3
2 and 3
4
1, 2 and 3

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