GENERAL KNOWLEDGE

Detailed explanation-1: -Fayol’s book – and his 14 Principles of Management – helped to form what became known as Administrative Theory. It looks at the organization from the top down, and sets out steps for managers to get the best from employees and to run a business efficiently.

Detailed explanation-2: -Fayol believed that managerial practices were key to predictability and efficiency in organizations. The administrative theory views communication as a necessary ingredient to successful management and many of Fayol’s practices are still alive in today’s workplace.

Detailed explanation-3: -Employees must obey and respect the rules that govern the organization. Discipline helps to achieve the goals of the organization. Good discipline is the result of effective leadership. There must be a clear understanding between the management and workers regarding the organization’s rules.

Detailed explanation-4: -Fayol’s theory of management centralization main concern was order and discipline. The theory therefore centered on unitary command and centralization of all power, authority and decision making.