GENERAL KNOWLEDGE

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: -Fayol is considered the father of Administrative Management Theory, often called Process Theory or Structural Theory. As a member of the classical theory movement, Fayol’s work was unique from that of Taylor, who focused on worker efficiency.

Detailed explanation-3: -Fayol’s administrative management theory can be described as an approach to management and increasing productivity by emphasizing organizational structure and human behavior. Fayol’s theory is grounded in the five functions that represent management: planning, organizing, command, coordination, and control.

Detailed explanation-4: -Frederick Winslow Taylor is known as the Father of Scientific Management, which also came to be known as “Taylorism.” Taylor believed that it was the role and responsibility of manufacturing plant managers to determine the best way for the worker to do a job, and to provide the proper tools and training.

Detailed explanation-5: -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.