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Briefly explain any four significance of …

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Briefly explain any four significance of principal of management

Posted by Rupali Gupta 5 years, 7 months ago

CBSE > Class 12 > Business Studies

1 answers

Meghna Thapar 5 years, 1 month ago

Proper understanding of principles is the base of training, research, and development in the field of management. Management is taught on the basis of these principles which help the management institutes prepare future managers. These Principles help managers to take decisions and actions in the right manner. Originally identified by Henri Fayol as five elements, there are now four commonly accepted functions of management that encompass these necessary skills: planning, organizing, leading, and controlling.

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