0Hi Students,
We have studied about the 14 Management Principles by Henry Fayol which are as under:
- Division of Work
- Authority & Responsibility
- Discipline
- Unity of Command
- Unity of Direction
- Subordination of Individual Assets to General assets
- Remuneration to employees
- Centralization and Decentralization
- Scalar chain
- Order
- Equity
- Stability of tenure of personnel
- Initiative
- Esprit de Corps
Keeping a track of all the 14 principles seems a bit tough. So is there an easier way to remember these? YES
Try this. DAD U C USSR...O I C
Do share your inputs/feedback on the same.
