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Q.Explain briefly any four principles of management formulated by Fayol.

Madhya Pradesh MpbseMP Board (MPBSE) Higher Secondary (Commerce) 2023Subjective· 4mImportance★★★★★
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Four Fayol principles: division of work, authority & responsibility, discipline, unity of command.

Four of Henri Fayol's 14 principles of management:

  1. Division of Work — splitting work to allow specialisation and greater efficiency.
  2. Authority and Responsibility — authority (right to command) must be matched with responsibility (obligation). …

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