Principles of Flight

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Fayol’s Principles of Management According to Fayol, the functions of management are to plan, to organise, to command, to Coordinate and to control. The activities of an industrial undertaking could be divided into; Technical; Commercial; Financial; Security; Accounting and Managerial. He also suggested That managers should have the following qualities- Physical; Moral; Education; Knowledge; And Experience. Fayol listed 14 principles of management — Division of work; Authority and Responsibility; Discipline; Unity of command; Unity of direction; Subordination of individual Interest to general interest; Remuneration of Personnel; Centralisation and decentralisation; Scalar Chain; Order; Equity; Stability in the tenure of Personnel; Initiative; and Espirit De

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