GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Henri Fayol
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Max Weber
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F.W. Taylor
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Elton Mayo
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Detailed explanation-1: -Henri Fayol was known as the father of modern management. He gave us the famous 14 principles of management. According to him, the 5 main functions of management are Planning, Organizing, Commanding, Coordinating and Controlling.
Detailed explanation-2: -According to Fayol, “Organisations should have a chain of authority and communication that runs from top to bottom and should be followed by managers and the subordinates.” Thus, Scalar chain refers to the formal lines of authority from highest rank to the lowest rank.
Detailed explanation-3: -According to Fayol, discipline is the most essential thing in the organization. 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.
Detailed explanation-4: -Division of Work. Assign each employee a task that they can become proficient at. Authority. Discipline. Unity of Command. Unity of Direction. Collective Interest Over Individual Interest. Remuneration. Centralization. More items