Fayol Essays

Master of Business Administration

Module I Nature and scope of Management; evolution of management- Schools of management thought; F.W.Taylor and Henry Fayol; principles of management; management as a science and an art; management process. Folk management and its application in the modern era Evolution of management thought. Module II Functions of management- planning: planning premises; types of plan; planning process; Organization – Theories, types, importance, organization structure- Line and Staff functions – Conflicts; centralization and decentralization; delegation; types, principles, elements, Coordination, Directing – Supervision,…

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