Tamil Nadu Board of Secondary EducationHSC Commerce Class 12th
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Principles of Modern Management

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  • Division of Work
  • Authority and Responsibility
  • Discipline
  • Unity of Command
  • Unity of Direction:
  • Subordination of Individual Interest to Mutual Interest
  • Remuneration
  • The Degree of Centralization
  • Line of Authority/Scalar Chain
  • Order
  • Equity
  • Stability of tensure of Personnel
  • Initiative
  • Esprit de Corps/Team Spirit
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