Principles of Management: Essay on Principles of Management

This essay throws light upon the top fourteen principles of management according to Henry Fayol. The principles are: 1. Division of Labour 2. Authority and Responsibility 3. Discipline 4. Unity of Command 5. Unity of Direction 6. Subordination of Individual Interest to General Interest 7. Remuneration 8. Centralisation 9. Scalar Chain 10. Order 11. Equity 12. Stability of Tenure 13. [...]