A. Identify any five henry fayol principles that can be implemented in the chai ki pyaali business in 500 words
Answers
the business literature found the following six universal moral values including Trustworthiness, Respect, Responsibility, Fairness, Caring and Citizenship.
Answer:
Explanation:
These are the five principles laid down by Henry Fayol that can be implemented in the chai ki pyaali business –
a) Division of Work- It is needed to divide the labour among the workers, in order to improve the quality of the products and reduce the time consummation.
b) Authority and Responsibility- These two are the key principles in management because they are complementary. Authority permits the management to assign the work among its employees, and responsibility accounts them for the works done under their supervision.
c) Discipline- Polite behaviour and decent interactions are needed to let the management run with efficiency. Good conduct helps the employees to progress further.
d) Order- Order must be maintained in order to generate a conducive environment for the employees to work with great concentration.
e) Initiative- The management must encourage the employees to partake in different activities within the organisation to increase their interest in work and their diligence as well.