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Question
Henry Fayol developed altogether _________ principles of management.
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Solution
Henry Fayol developed altogether modern principles of management.
Henry Fayol was a French mining engineer who developed 14 principles of management after conducting many experiments. He is also known as the “father of modern management”.
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| Group A |
Group B |
| A) Henry Fayol |
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|
|
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10) Modern Management |
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Match the correct pairs:
| Group ‘A’ | Group ‘B’ | ||
| (a) | Henry Fayol | (1) | It is the process of instructing, guiding, communicating and motivating |
| (b) | Directing | (2) | Scientific Management theory |
| (c) | Responsibility towards Government | (3) | It is the process of recruiting, selecting, placing and remunerating |
| (d) | Digital cash | (4) | To earn profit |
| (e) | Monopoly | (5) | Respecting rules and regulations |
| (6) | Exist only in cyber space | ||
| (7) | Exist everywhere | ||
| (8) | Single buyer | ||
| (9) | Modern management theory | ||
| (10) | Single seller |
Principles of management improve the efficiency of employees.
What is a principle?
Principles are different from which two concepts?
