Question

The father of modern management Phrase..

Answer 1

Answer:

MBO is an acronym for Management by Objectives, and was a phrase coined by Drucker in his 1954 book 'The Practice of Management'. MBO is a measurement by which the performance of employees is considered.

Answer 2

Answer:

Henry Fayol (1841-1925) is known as the ‘Father of General/Modern Management’

Fayol was the first to identify four functions of management – planning, organizing,  Directing and controlling although his version was bit different- Plan, organize, command,  coordinate and control. According to Fayol, all activities of an industrial undertaking could be  divided into: Technical, commercial, Financial, security, Accounting and managerial. He also  suggested that qualities a manager must possess should be-physical, moral, education,  knowledge and experience

Explanation:

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