A principle refers to a fundamental truth. It establishes cause and effect relationship between two or more variables under given situation. They serve as a guide to thought & actions. Therefore, management principles are the statements of fundamental truth based on logic which provides guidelines for managerial decision making and actions. These principles are derived: - Show
There are 14 Principles of Management described by Henri Fayol.
Therefore it is obvious that they are different from each other but they are dependent on each other i.e. unity of direction is a pre-requisite for unity of command. But it does not automatically comes from the unity of direction.
Authorship/Referencing - About the Author(s)
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<a target="_blank" href="https://www.managementstudyguide.com/managementprinciples_features.htm" id="next">next</a> </div> <script src="https://code.jquery.com/jquery-2.1.4.min.js"> <script> What is Initiative state principle?The correct option is D. It indicates that employees at all levels should be encouraged to develop and carry out plans for improvements. 'Principle of initiative' indicates that employees at all levels should be encouraged to develop and carry out plans for improvements. Business Studies. Standard XII.
What are the 7 important principles of fayol?Unity of Command – Fayol wrote that "an employee should receive orders from one supervisor only." Otherwise, authority, discipline, order, and stability are threatened. Unity of Direction – Teams with the same objective should be working under the direction of one manager, using one plan.
Which management principle involves taking the first step with self motivation and completing the targets within the limits of authority that the managers possess?(f) Initiative– According to this principle, workers should be given enough motivation and incentive to work.
What are the 5 management principles?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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