Principles of Management: Difference between revisions
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The Principles of Management are the essential, underlying factors that form the foundations of successful management. According to [[ | The Principles of Management are the essential, underlying factors that form the foundations of successful management. According to [[Wikipedia:Henri Fayol|Henri Fayol]] (1841-1925) in his book ''General and Industrial Management'' (1916), there are fourteen 'principles of management'. | ||
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== The Principles == | == The Principles == | ||
Management principles are statements of fundamental truth. These principles serve as guidelines for decisions and actions of managers. | Management principles are statements of fundamental truth. These principles serve as guidelines for decisions and actions of managers. | ||
They are derived through observation and analysis of events which managers have to face in | They are derived through observation and analysis of events which managers have to face in practice. | ||
1. '''Division of Work -''' | 1. '''Division of Work -''' | ||
| Line 87: | Line 87: | ||
==See also== | ==See also== | ||
* [[ | * [[Business]] | ||
* [[ | * [[Master of Business Administration]] | ||
* [[ | * [[Business research]] | ||
* [[ | * [[Start-Up Business Financing]] | ||
* [[ | * [[International Business]] | ||
[[Category:Management]] | [[Category:Management]] | ||
[[Category:Principles]] | [[Category:Principles]] | ||