Business Studies, asked by Tera223, 1 year ago

Explain the following principle of management ??
1.unity of direction
2.equilty
3.order
4.centralization or dentrilization
5.entiative


Guys plz tell me the answer in easy language or way help me plz

Answers

Answered by Anonymous
0

Answer:

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Answered by preetimpawar883
1

Explanation:

1)

The principal of unity of direction is one of the 14 administrative principles developed by Henri Fayol. It is a concept found in administrative management theory. The principle provides that there should be only one leader and one plan for a series of activities seeking the accomplishment of the same objective.

2)

The management principle of equity often occurs in the core values of an organization. According to Henri Fayol, employees must be treated kindly and equally. Employees must be in the right place in the organization to do things right.

3)

This principle states that there should be a proper order for everything. Fayol is of the view that in every organization there should be a fixed place for everything to facilitate smooth working and avoid wastage of resources.

4)

When the power to take decision rests with the top management it is called as ‘Centralisation’.When the power to take decision is given to the person performing the job it is called as ‘Decentralisation’.Fayol is of the opinion that there should be a proper balance between centralisation and decentralisation. An organization must not be completely centralized or decentralized, there should be a match between the two depending upon the size, nature and location of business.

5)

Purpose of the Initiative PrincipleAccording to Fayol, under this principle, successful management provides an opportunity to its employees to suggest new ideas, experiences and more convenient methods of work. Fayol believed that employees should be encouraged to take the initiative in the work assigned to them.Hope helped you

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