GENERAL KNOWLEDGE

Detailed explanation-1: -Henry Fayol laid down 14 principles. They are Division of Work, Authority and Responsibility, Discipline, Unity of Command, Unity of Direction, Subordination of Individual Interest, Remuneration, The Degree of Centralization, Scalar Chain, Order, Equity, Stability of Tenure of Personnel, Initiative and Esprit de Corps.

Detailed explanation-2: -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-3: -Henri Fayol, a French engineer, developed 14 principles of management in the early 20th century. The principles aim to give managers a set of values to emphasize in a workplace to achieve better and more efficient results.

Detailed explanation-4: -Fayol’s Best Principle Hi, according to me “Division of work” is the most important one, because it helps to save time and energy and also increases the productivity efficiently and effectively.

Detailed explanation-5: -Henry Fayol’s 14 Principles of Management. Division of Work. Authority. Discipline. Unity of Command. Unity of Direction. Collective Interest Over Individual Interest. Remuneration. More items