Question 16 of 38
Q.State any five principles of Henry Fayol.
Maharashtra MsbshseMaharashtra HSC (MSBSHSE) Board 2022Subjective· 5mImportance★★★★★
42% · 16/38 Questions
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Start your 14-day free trial to unlock the full solution →Henri Fayol gave 14 principles of management; five key ones are Division of Work, Authority & Responsibility, Discipline, Unity of Command and Unity of Direction.
Henri Fayol, known as the Father of Modern Management, developed fourteen principles of management. Five of them are explained below:
- Division of Work: Work should be divided into small tasks and assigned to specialised persons. Specialisation improves efficiency, speed and accuracy.
- Authority and Responsibility: A manager must be given enough authority to get the work done, and along with authority comes responsibility. The two should always go together and be balanced.
- Discipline: Members of the organisation must obey the rules and agreements. Good discipline results from good leadership, clear rules and fair penalties. …
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