Theory of Scientific Management and Business Administration: Henri Fayol

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Q3 Henri FAYOL and max Wafers contributed positive to the area of MGT though show the contribution of each of them

Henri FAYOL (Istanbul, 29 July 1841–Paris, 19 November 1925) was a French mining engineer, director of mines, who developed independent of the theory of Scientific Management, a general theory of business administration [1]; he was one of the most influential contributors to modern concepts of management.

FAYOL
is one of the first comprehensive statements of a general theory of management, [2] developed by Fayol. He has proposed that there are six primary functions of management and 14 principles of management [3] forecasting

planning
organizing
commanding
coordinating
controlling
Controlling is described in the sense that a manager must receive feedback about a process in order to make necessary adjustments. Principles of Management. Division of work:
This principle is the same as Adam Smith's 'division of labor'. Specialization increases output by making employees more efficient. Authority:
Managers must be able to give orders. Authority gives them this right. Note that responsibility arises wherever authority is exercised. Discipline:
Employees must obey and respect the rules that govern the organisation. Good discipline is the result of effective leadership, a clear understanding between management and workers regarding the organization’s rules, and the judicious use of penalties for infractions of the rules.

Unity of command:
Every employee should receive orders from only one superior. Unity of direction:
Each group of organizational activities that have the same objective should be directed by one manager using one plan. Subordination of individual interests to the general interest: The interests of any one employee or group of employees should not take precedence over the interests of the organization as a whole. Remuneration:

Workers must be paid a fair wage for their services.
Centralization:
Centralization...
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