Question

Define Fayol's 14 principles of management

Answer 1

14 Principles of Management of Henri Fayol

14 principles of Management are statements that are based on a fundamental truth. These principles of management serve as a guideline for decision-making and management actions. They are drawn up by means of observations and analyses of events that managers encounter in practice. Henry Foyol was able to synthesize 14 principles of management after years of study.