Prenciples of Management
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14 management principles by Henri Fayol are universally accepted guidelines for managers to do their job according to their responsibility. 14 management principles are; Division of Work. Balancing Authority and Responsibility.
At the most fundamental level, management is a discipline that consists of a set of five general functions: planning, organizing, staffing, leading and controlling. These five functions are part of a body of practices and theories on how to be a successful manager.
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