Henri Fayol
The classical theorist is considered the 'Father of modern management'
Who is Henri Fayol
This function involves establishing objectives and strategies to achieve them.
What is planning?
This principle ensures employees are treated fairly and justly.
What is equity?
Buying and selling are part of this group of business activities.
What is commercial?
The principle that suggests all resources should be properly ordered for efficiency.
What is order?
Henri Fayol's theory was developed around the same time as this theorist’s.
Who is Frederick Taylor?
Delegating responsibilities to subordinates falls under this function.
What is organizing?
This principle emphasizes the importance of minimizing labor turnover.
What is stability of tenure of personnel?
Inventory and final accounts fall under this group of business activities.
What is accounting?
This principle states that the interest of an individual should not override the interest of the organization.
What is subordination of individual interest to general interest?
Fayol's administrative theory primarily focuses on this level of management.
What is upper-level management?
This function ensures that all groups within the organization are working toward a common goal.
What is coordinating?
According to Fayol, activities of the same nature should be supervised by one manager under this principle.
What is unity of direction?
Protecting both property and individuals falls under this group of business activities.
What is security?
This principle suggests that work should be divided into smaller tasks to promote specialization.
What is division of labor?
Fayol categorized business activities into this many groups.
What is six?
This function monitors staff performance against prescribed rules and procedures.
What is controlling?
This principle suggests that managers should have the authority to carry out their responsibilities.
What is authority and responsibility?
Manufacturing, production, and adaptation are part of this group of business activities.
What is technical?
Employees and managers should develop good team spirit and morale under this principle.
What is esprit de corps?
Fayol's focus differed from Taylor's by addressing this aspect of management.
What is administrative/managerial functions?
Giving clear instructions to workers and ensuring effective operation defines this function.
What is commanding?
Workers should be encouraged to develop plans and generate ideas under this principle.
What is initiative?
Sourcing and utilizing capital are part of this group of activities.
What is financial?
The clear line of authority from the highest to the lowest level in the organization is referred to as this.
What is scalar chain?