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Principles of Management

Commerce · Chapter 7 · 3. Management

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  1. Notes Beta

    5 sections with key terms, formulas and exam tips.

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  3. Practice

    64 board-style questions with instant checks: Multiple choice 28, Short answer 15, Assertion and reason 7, Long answer 4.

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Topics 4

  1. Nature of and need for principles of management
  2. Taylor's five principles of scientific management
  3. Fayol's fourteen principles of management
  4. Comparison of Taylor and Fayol; relevance of principles in today's business