Administrative Management Theory
This theory was presented by Henri Fayol.
Henri Fayol |
He
defined administration in terms of five functions which are:
- Planning
- Organizing
- Commanding
- Coordinating
- Controlling
Fayol's "14 Principles" was one of the earliest theories of management to be created, and remains one of the most comprehensive.[2]
Fayol’s 14 Principles of Management:
1. Division of Labor
2. Authority
3. Discipline
4. Unity of Command
5. Unity of Direction
6. Subordination of Individual to the Common Good
7. Remuneration
8. Centralization
9. The Hierarchy
10. Order
11. Equity
12. Stability of Staff
13. Initiative
14. Esprit de Crops
https://www.business.com/articles/management-theory-of-henri-fayol/
https://www.mindtools.com/pages/article/henri-fayol.htm
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