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Explain 14 principles of management given by Mr. Henry Fayol.
written 6.4 years ago by gravatar for teamques10 teamques10 ★ 65k •   modified 4.0 years ago
construction management
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written 6.4 years ago by gravatar for teamques10 teamques10 ★ 65k •   modified 5.2 years ago

Principles of management has been developed by henry Fayol - Father of modern management.

Fayol grouped the activities of industrial enterprise into six categories

  1. Technical (Production)
  2. Commercial (Buying, Selling and exchange)
  3. Financial (Optimum use of capital)
  4. Security (Protection of property and assets)
  5. Accounting
  6. Managerial

However he devoted most of his …

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