Question

Explain the principle of management 'Authority & Responsibility' given by Henry Fayol ?

Answer 1

Answer:

Principle of management Authority and Responsibility by Henry Fayol :-

Authority :-

Authority refers to the official right to take decisions, give instructions and command obedience from the subordinates.

Responsibility :-

Responsibility is the obligation of a subordinate to carry out the tasks which have been assigned by manager as the part of designated job of the subordinate.

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Answer 2

Authority and Responsibility-

These are the two key aspects of management. Authority facilitates the management to work efficiently, and responsibility makes them responsible for the work done under their guidance or leadership.