BUSINESS ADMINISTRATION
PRINCIPLES AND PRACTICE OF MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Frederick Winslow Taylor
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Henry Fayol
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Peter Drucker
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Michael Porter
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Detailed explanation-1: -Fayol wrote that “an employee should receive orders from one supervisor only.” Otherwise, authority, discipline, order, and stability are threatened. Unity of Direction. Teams with the same objective should be working under the direction of one manager, using one plan.
Detailed explanation-2: -Henry Fayol is known as the father of modern management theory. He was an engineer at the Compagnie de Commentry-Fourchambault-Decazeville mining company and worked his way up to become a manager during the peak of the Industrial Revolution in France.
Detailed explanation-3: -Henry Fayol is called as the father of modern management due to his contribution of 14 principles of management. These principles of management serve as a guideline for decision making and management actions.
Detailed explanation-4: -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.