Management Principles by Henry Fayol

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5 Questions

What is one of the 14 principles of management according to Henry Fayol?

Dividing the work into smaller units

Which term best describes 'responsibilities' in the context of management principles?

Obligation to complete work

What should the relationship be between authority and responsibility according to the text?

Authority and responsibility should be equal

What does 'Principle by deciaplan' likely mean in the text?

Making decisions after proper scanning

What helps managers adjust to changes in the business environment?

Applying management principles

Learn about the 14 principles of management proposed by Henry Fayol including division of work, creating departments, scalar chain, unity of command, and more. Understand how these principles help in effective administration and decision-making in a business environment.

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