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Henry Fayol developed 14 principles of management based on his experience as a mining company director from 1888 to 1918 in France. The principles address various aspects of managing organizations including division of labor, authority and responsibility, discipline, unity of command, and centralization vs decentralization. Fayol was one of the first theorists to identify the main functions of management as planning, organizing, commanding, coordinating, and controlling. His work on principles of management

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