QUESTION 2:
How did Fayol divide the activities of an industry? Elaborate on the 14 general principles of management suggested by Henry Fayol.
ANSWER:
Henry Fayol divided the activities of an industry based on five functions, which are as follows:
• Planning
• Organizing
• Commanding
• Coordinating
• Controlling
1) Planning: A good plan of action ought to be versatile, continuous, relevant and correct because it unifies the organization by that specialize in the character, priorities, and condition of the business, longer-term predictions for the business and economy, the intuitions of key thinkers, and strategic sector analyses from specialist employee groups. For effective designing, managers ought to be consummated within the art of handling …show more content…
DIVISION OF WORK: Work ought to be divided among people and teams to confirm that effort and a focus are targeted on special parts of the task. Fayol conferred work specialization because the best thanks to using the human resources of the organization.
2. AUTHORITY: The ideas of Authority and responsibility are closely connected. Authority was outlined by Fayol because of the right to administer orders and therefore the power to actual obedience. Responsibility involves being responsible and is so naturally related to authority. Whoever assumes authority conjointly assumes responsibility.
3. DISCIPLINE: An in an organization needs the common effort of employees. Penalties ought to be applied judiciously to encourage this common effort.
4. UNITY OF COMMAND: employees ought to receive orders from just one …show more content…
UNITY OF DIRECTION: the complete organization ought to be moving towards a typical objective during a common direction.
6. SUBORDINATION OF INDIVIDUAL INTERESTS TO THE FINAL INTERESTS: The interests of 1 person mustn't take priority over the interests of the organization as an entire.
7. REMUNERATION: several variables, like value of living, offer of qualified personnel, general business conditions, and success of the business, ought to be thought of in deciding a worker’s rate of pay.
8. CENTRALIZATION: Fayol outlined centralization as lowering the importance of the subordinate role. Decentralization is increasing the importance. The degree to that centralization or decentralization ought to be adopted depends on the precise organization during which the manager is
How did Fayol divide the activities of an industry? Elaborate on the 14 general principles of management suggested by Henry Fayol.
ANSWER:
Henry Fayol divided the activities of an industry based on five functions, which are as follows:
• Planning
• Organizing
• Commanding
• Coordinating
• Controlling
1) Planning: A good plan of action ought to be versatile, continuous, relevant and correct because it unifies the organization by that specialize in the character, priorities, and condition of the business, longer-term predictions for the business and economy, the intuitions of key thinkers, and strategic sector analyses from specialist employee groups. For effective designing, managers ought to be consummated within the art of handling …show more content…
DIVISION OF WORK: Work ought to be divided among people and teams to confirm that effort and a focus are targeted on special parts of the task. Fayol conferred work specialization because the best thanks to using the human resources of the organization.
2. AUTHORITY: The ideas of Authority and responsibility are closely connected. Authority was outlined by Fayol because of the right to administer orders and therefore the power to actual obedience. Responsibility involves being responsible and is so naturally related to authority. Whoever assumes authority conjointly assumes responsibility.
3. DISCIPLINE: An in an organization needs the common effort of employees. Penalties ought to be applied judiciously to encourage this common effort.
4. UNITY OF COMMAND: employees ought to receive orders from just one …show more content…
UNITY OF DIRECTION: the complete organization ought to be moving towards a typical objective during a common direction.
6. SUBORDINATION OF INDIVIDUAL INTERESTS TO THE FINAL INTERESTS: The interests of 1 person mustn't take priority over the interests of the organization as an entire.
7. REMUNERATION: several variables, like value of living, offer of qualified personnel, general business conditions, and success of the business, ought to be thought of in deciding a worker’s rate of pay.
8. CENTRALIZATION: Fayol outlined centralization as lowering the importance of the subordinate role. Decentralization is increasing the importance. The degree to that centralization or decentralization ought to be adopted depends on the precise organization during which the manager is