Tag Archives | Management Principles

Essay on Management Principles: Meaning, Nature and Universality

After reading this article you will learn about:- 1. Meaning of Management Principles 2. Nature of Management Principles 3. Significance 4. Universality. Meaning of Management Principles: Principle refers to fundamental truth about a concept that provides guide to action. Principles evolve in every field of knowledge — medicine, engineering, accountancy etc. Management principles tell about administration of business, that is, [...]

By |2016-08-09T07:56:40+05:30August 9, 2016|Management|Comments Off on Essay on Management Principles: Meaning, Nature and Universality
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14 Main Principles of Management by H. Fayol

This article throws light upon the fourteen main principles of management by H. Fayol. The principles are: 1. Division of Work 2. Authority and Responsibility 3. Discipline 4. Unity of Command 5. Unity of Direction 6. Emphasis on Subordination of Personal Interest to General 7. Remuneration 8. Centralisation 9. Scalar Chain 10. Order 11. Equity 12. Stability of Tenure 13. [...]

By |2016-07-30T09:44:05+05:30July 30, 2016|Principles|Comments Off on 14 Main Principles of Management by H. Fayol
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14 Principles of Management Propounded by Henri Fayol

Principles of management propounded by Henri Fayol are: 1. Division of Work 2. Authority and Responsibility 3. Discipline 4. Unity of Command 5. Unity of Direction 6. Subordination of Individual Interest to General Interest 7.Remuneration of Employees 8. Centralisation and Decentralisation 9. Scalar Chain 10. Order 11. Equity 12. Stability of Personnel 13. Initiative 14. Espirit de Corps! 1. Division [...]

By |2014-02-04T17:10:52+05:30February 3, 2014|Management|Comments Off on 14 Principles of Management Propounded by Henri Fayol
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