BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Henri Fayol (29 July 1841 – 19 November 1925) was a French mining engineer, mining executive, author and director of mines who developed a general theory of business administration that is often called Fayolism.

Detailed explanation-2: -His theory is based on how the management should interact with the employees. The elements of management are planning, organizing, commanding, coordinating and controlling. He identified six major activities which are technical, commercial, financial, accounting, managerial and security activities.

Detailed explanation-3: -The first Henry Fayol principle of management is based on the theory that if an employee is given a specific task to do, they will become more efficient and skilled in it. This is opposed to a multi-tasking culture where an employee is given so many tasks to do at once.

Detailed explanation-4: -Henry Fayol, also known as the ‘father of modern management theory’ gave a new perception of the concept of management. He introduced a general theory that can be applied to all levels of management and every department.