Final answer:
Managers establish minimum or maximum standards to prevent hazards under the principle of Critical Limits in HACCP.
Step-by-step explanation:
The principle of Hazard Analysis and Critical Control Point (HACCP) under which managers establish minimum or maximum standards to prevent hazards is the principle of Critical Limits.
Critical Limits are specific criteria that must be met to ensure that a hazard is prevented, eliminated, or reduced to an acceptable level. These standards are established based on scientific evidence and are determined by regulatory agencies or industry guidelines.