Describe the principles of management.

Management principles. They are:

1) Division of Work: To produce more and better work from same efforts and also gain advantages of the specilisation, Fayol feels that there should be division of work.

2) Authority and Responsibility: Responsibility invariably follows authority. The application of sanctions is essential to good management and is needed to encourage useful actions and to discourage their opposite. The best safeguard of abuse of authority is the personal integrity of the manager.

3) Discipline: This is essential for the efficient operation of the organisation. It is in essence the outward mark of respect for agreements between the organisation and its members. The manager must decide on the most appropriate form of sanction in cases of offences against discipline.

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