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 [[w:Henri Fayol|Henri Fayol]] (1841-1925) in his book ''General and Industrial Management'' (1916), there are fourteen 'principles of management'.  
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'.  
 
{{ntnes}}
== 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 actual practice.
They are derived through observation and analysis of events which managers have to face in practice.


1. '''Division of Work -'''  
1. '''Division of Work -'''  
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#Administration Industrielle et Général, Henri Fayol, 1917
#Administration Industrielle et Général, Henri Fayol, 1917


== Contributors ==
== Participants in this [[learning resource]] ==
*[[User:RobbiG]]
*[[User:RobbiG]]


==See also==
==See also==
* [[School:Business]]
* [[Business]]
* [[Topic:Master of Business Administration]]
* [[Master of Business Administration]]
* [[Topic:Business research]]
* [[Business research]]
* [[Topic:Start-Up Business Financing]]
* [[Start-Up Business Financing]]
* [[Topic:International Business]]
* [[International Business]]




[[Category:Management]]
[[Category:Management]]
[[Category:Principles]]
[[Category:Principles]]