The Henri Fayol 14 principles of management include specialization; managerial authority; discipline; unity of command; unity of direction; subordination of individual interests; proper ...

Principles of Management Class 12 Notes: Get here CBSE Class 12 Business Studies Full and Short Notes of Chapter 2 for upcoming Board exam revision.

This last principle, chain of command, and how it has been applied in business haunts our industry today. The French army soon embraced Fayol’s principles of management to better manage troops.