Fayol's principle of Management..
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✷ FAYOL : Henry Fayol, also known as the ‘father of modern management theory’.
✷ Principles of management by FAYOL :
• Division of work .
•Authority and responsibility .
•Discipline .
•unity of command .
•unity of direction .
• subordination of individual interest .
• Remuneration .
• Centralisation .
• Scalar chain .
• Order .
• Equality.
• Stability .
• Initiative.
• Esprit de Corps .
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