1. Batch : 2014 Course Code : 50121106 Course Name : (Principles of Management I) Roll No. : 720 Assignment No. : A 112
2. Emphasizing more on Tata Beverage Group
3. 1 Division of Work We know that TATA Group is an umbrella that covers various business industries. Considering this, it only makes sense to divide work by allocating it to different employees, thereby enabling them to build up experience and continuously increase and improve their skills. This leads to increased productivity and ultimately higher profits. For instance, Tat ....etc

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Henri Fayol (Istanbul, 29 July 1841 Paris, 19 November 1925) was a French mining engineer, mining executive, author and director of mines who developed a general theory of business administration that is often called Fayolism. He and his colleagues developed this theory independently of scientific management but roughly contemporaneously. Like his contemporary, Frederick Winslow Taylor, he is widely acknowledged as a founder of modern management methods.

Management Principles developed by Henri Fayol:
DIVISION OF WORK: Work should be divi ....etc

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henri fayol principles of management applied in airtel

Introduction 14 principles of management

In the last century, organizations already had to deal with management in practice. In the early 1900s, large organizations, such as production factories, had to be managed too. At the time there were only few (external) tools, models and methods available. Thanks to scientists like Henri Fayol (1841-1925) the first foundations were laid for modern management.

These first concepts, also called principles are the underlying factors for successful m ....etc

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Management Principles developed by Henri Fayol:

DIVISION OF WORK: Work should be divided among individuals and groups to ensure that effort and attention are focused on special portions of the task. Fayol presented work specialization as the best way to use the human resources of the organization.

AUTHORITY: The concepts of Authority and responsibility are closely related. Authority was defined by Fayol as the right to give orders and the power to exact obedience. Responsibility involves being accounta ....etc

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Fayol's 14 Principles of Management

Fayol's principles are listed below:
Division of Work When employees are specialized, output can increase because they become increasingly skilled and efficient.
Authority Managers must have the authority to give orders, but they must also keep in mind that with authority comes responsibility.
Discipline Discipline must be upheld in organizations, but methods for doing so can vary.
Unity of Command Employees should have only one direct supervisor.
Unity of Direction Teams with the same objective ....etc

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General Principle of Management

Background
Fourteen Principles of Management were developed by Henri Fayol ( 1841-1925) and have been considered as one of the classical organization theory that is universally applicable to every type of organization.
Classical organization theory was the traditional theory and remains to be the foundation upon which other schools of organization theory have built. Therefore many subsequent analyses presume an understanding of it.
Influenced by the industrial revol ....etc

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