Question

Which business works on fayol's principle of management?

Answer 1

Answer:

Management is all about delegation of work. Business Studies gives you the basics of how management works. Many prominent theorists of the past like Henri Fayol have laid down several rules for management. While we learn far more about the skill of management when we are on ground zero, still having some knowledge of the basic rules can make navigation easier.

Henri Fayol was a prominent scientist who was considered to be among the first few who laid a foundation for scientific management. He gave us 14 principles of Management which are based on certain fundamental truths and act as guiding principles for decision making and other managerial responsibilities.

14 principles by Henri Fayol one by one and understand the purpose behind them.

1] Division of Work

2] Authority and Responsibility

3] Discipline

4] Unity of Command

5] Unity of Direction

And mag more...

Division of labour also leads to the specialization, accuracy, and speed of the workers. This principle is applicable both in managerial as well as technical work.

Explanation:

Hm.. may be this is a correct answer!