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Henri Fayol developed 14 principles of management in the early 1900s to help managers effectively run large organizations. The principles address topics such as division of labor, authority and responsibility, discipline, unity of command and direction, subordination of individual interests, remuneration, centralization, chain of command, order, equity, stability of personnel, initiative, and esprit de corps. The principles were based on Fayol

Author

Shubham Saraogi

Language

EN