Class 12th Business Studies project report on fayol's principles of management on KFC .
Please do not copy my content.
Get ppt from - http://viid.me/qlfV3A
Survey of 14 Principles Of Management followed by a company!Sejal Gaikwad
Basically,this Power Point Presentation is based on survey of a company as in do they follow 14 principles of management in their company!
*Content referred from other presentation*
Henry fayols priciple of management- image pptNajeeb Ahmed
henry fayols 14 principles used in effective slides without words.. just use the image and explain the title.. thus you can avoid the mistakes and more quastions
Project on Principles of management-Business studies project workRavi Singh
project on principles of management by henri fayol-Business studies project work
facebook:-https://www.facebook.com/profile.php?id=100004877861394
youtube channel:-https://www.youtube.com/channel/UCqF8lgmvUBUBTzJPaoY0p8Q
instagram:-https://www.instagram.com/rav_e_singh/
A PROJECT WORK BASED ON MANAGEMENT PRINCIPLES CLASS - 12Rishabh Shah
It is a project work based on the business studies project class 12 on management principles and whole project is of 47 pages which can be gathered from me for further guidance.
BUSINESS STUDIES PROJECT ON PRINCIPLES OF MANAGEMENTCHARAK RAY
BUSINESS STUDIES PROJECT ON PRINCIPLES OF MANAGEMENT, BUSINESS STUDIES PROJECT REPORT ON PRINCIPLES OF MANAGEMENT, BUSINESS STUDIES PROJECT REPORT ON PRINCIPLES OF MANAGEMENT OF A SWEETS MAKING COMPANY.
Survey of 14 Principles Of Management followed by a company!Sejal Gaikwad
Basically,this Power Point Presentation is based on survey of a company as in do they follow 14 principles of management in their company!
*Content referred from other presentation*
Henry fayols priciple of management- image pptNajeeb Ahmed
henry fayols 14 principles used in effective slides without words.. just use the image and explain the title.. thus you can avoid the mistakes and more quastions
Project on Principles of management-Business studies project workRavi Singh
project on principles of management by henri fayol-Business studies project work
facebook:-https://www.facebook.com/profile.php?id=100004877861394
youtube channel:-https://www.youtube.com/channel/UCqF8lgmvUBUBTzJPaoY0p8Q
instagram:-https://www.instagram.com/rav_e_singh/
A PROJECT WORK BASED ON MANAGEMENT PRINCIPLES CLASS - 12Rishabh Shah
It is a project work based on the business studies project class 12 on management principles and whole project is of 47 pages which can be gathered from me for further guidance.
BUSINESS STUDIES PROJECT ON PRINCIPLES OF MANAGEMENTCHARAK RAY
BUSINESS STUDIES PROJECT ON PRINCIPLES OF MANAGEMENT, BUSINESS STUDIES PROJECT REPORT ON PRINCIPLES OF MANAGEMENT, BUSINESS STUDIES PROJECT REPORT ON PRINCIPLES OF MANAGEMENT OF A SWEETS MAKING COMPANY.
I have done project on the Fayol’s Principle of Management. I chose Burger King to understand about the 14 principles of Fayol.To find if the principles are applicable or not, I visited a branch of Burger King Restaurant. I interviewed the training squad, and he gave me all information about Burger king and about the principles applied in the branch.
This project is very helpful for CBSE class 12 students, as it covers the theory and also helps them to practically understand the 14 principles.
14 Principles of Management by Henry Fayol applied to Tata Group with case studyAadishBhansari
This is PowerPoint Presentation on 14 Principles of Management proposed by Henry Fayol in his book "General and Industrial Administration".
Henry Fayol was a French mining engineer who turned to a leading Industrialist and a Successful Manager. He rose to the position of Chief Managing Director
In this book Henry Fayol has explained the 14 Principles of Management
14 Principles of Management are given below
1. Principle of Division of Work
2. Principle of Authority and Responsibility
3. Principle of Discipline
4. Principle of Unity of Command
5. Principle of Unity of Direction
6. Principle of Subordination of Individual Interest to Organizational Interest
7. Principle of Centralization
8. Principle of Remuneration
9. Principle of Scalar Chain
10. Principle of Order
11. Principle of Equity
12. Principle of Stability of Tenure
13. Principle of Initiative
14. Principle of Esprit de corpse (Team Work)
I Hope that all of you have liked the PPT
Like, Share and Comment
Solved Accounting Ratios with Balance Sheet(vertical) and Statement of Profit...Dan John
I assure you that this project of mine will fetch you a very good score.
Good Luck!!
Go to the links below for the following...
Solved Cbse Class 12 Accountancy Full Project(Comprehensive Project, Ratio Analysis and Cash Flow Statements with Conclusion)
http://www.slideshare.net/dankjohn/solved-cbse-class-12-accountancy-full-projectcomprehensive-project-ratio-analysis-and-cash-flow-statements-with-conclusion
Solved Comprehensive Project Cbse Class 12 Accountancy Project
http://www.slideshare.net/dankjohn/solved-comprehensive-project-cbse-class-12-accountancy-project
Solved Cash Flow Statements with Balance Sheet (vertical) and Notes to Accounts - Cbse Class 12 Accountancy Project
http://www.slideshare.net/dankjohn/solved-cash-flow-statements-with-balance-sheet-vertical-and-notes-to-accounts-cbse-class-12-accountancy-project
Solved Comprehensive Project Cbse Class 12 Accountancy ProjectDan John
I assure you that this project of mine will fetch you a very good score.
Good Luck!!
Go to the links below for the following...
Solved Cbse Class 12 Accountancy Full Project(Comprehensive Project, Ratio Analysis and Cash Flow Statements with Conclusion)
http://www.slideshare.net/dankjohn/solved-cbse-class-12-accountancy-full-projectcomprehensive-project-ratio-analysis-and-cash-flow-statements-with-conclusion
Solved Accounting Ratios with Balance Sheet(vertical) and Statement of Profit and Loss - Cbse Class 12 Accountancy Project
http://www.slideshare.net/dankjohn/solved-accounting-ratios-with-balance-sheetvertical-and-statement-of-profit-and-loss-cbse-class-12-accountancy-project
Solved Cash Flow Statements with Balance Sheet (vertical) and Notes to Accounts - Cbse Class 12 Accountancy Project
http://www.slideshare.net/dankjohn/solved-cash-flow-statements-with-balance-sheet-vertical-and-notes-to-accounts-cbse-class-12-accountancy-project
Accountancy Comprehensive Project For Class - 12th on Partnership FirmPriyanka Sahu
This slide is about the comprehensive project given to the students of class 12 for their practical examination. this project is strictly based on the CBSE guidelines. This is a format for making the project. Students can choose any of question in partnership firm and can solve it ,
it is easy to understand that principles given by henry fayol it is applicable on the business enterprise or not ity helps you to understand the fourteen principle of the henry fayol deeply
thank you..............
Accountancy class 12 comprehensive project (all 3 projects covered)Bhavya Namdeo
Hi guys, when i was making my accounts project i was actually confused and did not have any idea how it must look. I tried searching on internet but couldn't get help, so here i am i am uploading my project hope you guys will like it and can take help from this.
Accountancy Project And RELIANCE INDUSTRIES.... CLASS 12 { CBSE } ....AnmolThadhani1
Helllo Frndzz Here in this projects u all will be able to See one accounts problem and its solution and after It covers About RELIANCE INDUSTRIES of his accounting and management... Read study Make it.....
If u have any queries about this project just contact me Frndzzzz
Email :- At.charmingprojects@gmail.com
Solved Cbse Class 12 Accountancy Full Project(Comprehensive Project, Ratio An...Dan John
I assure you that this project of mine will fetch you a very good score.
Good Luck!!
Go to the links below for the following...
Solved Comprehensive Project Cbse Class 12 Accountancy Project
http://www.slideshare.net/dankjohn/solved-comprehensive-project-cbse-class-12-accountancy-project
Solved Accounting Ratios with Balance Sheet(vertical) and Statement of Profit and Loss - Cbse Class 12 Accountancy Project
http://www.slideshare.net/dankjohn/solved-accounting-ratios-with-balance-sheetvertical-and-statement-of-profit-and-loss-cbse-class-12-accountancy-project
Solved Cash Flow Statements with Balance Sheet (vertical) and Notes to Accounts - Cbse Class 12 Accountancy Project
http://www.slideshare.net/dankjohn/solved-cash-flow-statements-with-balance-sheet-vertical-and-notes-to-accounts-cbse-class-12-accountancy-project
Business studies project - "Principles of management - By Fayol" Priyanka Sahu
This slide is about the business studies project we get in class 12th. The whole project is strictly based on CBSE guidelines for the project "Principles Of Management - By Fayol". This is a format i am providing for your convenience and comfort . you can choose any firm, it may be fast food outlet, industry, or a manufacturing unit. Hope this project will help you alot.
This project report is to study various internal and external factors affecting AMUL company.
It can be referred by the one working on business environment subject.
Business studies project for class 12 cbse on principles of management. It includes the survey needed to complete the project. It is a very good project made with accuracy by taking care of little things.
I have done project on the Fayol’s Principle of Management. I chose Burger King to understand about the 14 principles of Fayol.To find if the principles are applicable or not, I visited a branch of Burger King Restaurant. I interviewed the training squad, and he gave me all information about Burger king and about the principles applied in the branch.
This project is very helpful for CBSE class 12 students, as it covers the theory and also helps them to practically understand the 14 principles.
14 Principles of Management by Henry Fayol applied to Tata Group with case studyAadishBhansari
This is PowerPoint Presentation on 14 Principles of Management proposed by Henry Fayol in his book "General and Industrial Administration".
Henry Fayol was a French mining engineer who turned to a leading Industrialist and a Successful Manager. He rose to the position of Chief Managing Director
In this book Henry Fayol has explained the 14 Principles of Management
14 Principles of Management are given below
1. Principle of Division of Work
2. Principle of Authority and Responsibility
3. Principle of Discipline
4. Principle of Unity of Command
5. Principle of Unity of Direction
6. Principle of Subordination of Individual Interest to Organizational Interest
7. Principle of Centralization
8. Principle of Remuneration
9. Principle of Scalar Chain
10. Principle of Order
11. Principle of Equity
12. Principle of Stability of Tenure
13. Principle of Initiative
14. Principle of Esprit de corpse (Team Work)
I Hope that all of you have liked the PPT
Like, Share and Comment
Solved Accounting Ratios with Balance Sheet(vertical) and Statement of Profit...Dan John
I assure you that this project of mine will fetch you a very good score.
Good Luck!!
Go to the links below for the following...
Solved Cbse Class 12 Accountancy Full Project(Comprehensive Project, Ratio Analysis and Cash Flow Statements with Conclusion)
http://www.slideshare.net/dankjohn/solved-cbse-class-12-accountancy-full-projectcomprehensive-project-ratio-analysis-and-cash-flow-statements-with-conclusion
Solved Comprehensive Project Cbse Class 12 Accountancy Project
http://www.slideshare.net/dankjohn/solved-comprehensive-project-cbse-class-12-accountancy-project
Solved Cash Flow Statements with Balance Sheet (vertical) and Notes to Accounts - Cbse Class 12 Accountancy Project
http://www.slideshare.net/dankjohn/solved-cash-flow-statements-with-balance-sheet-vertical-and-notes-to-accounts-cbse-class-12-accountancy-project
Solved Comprehensive Project Cbse Class 12 Accountancy ProjectDan John
I assure you that this project of mine will fetch you a very good score.
Good Luck!!
Go to the links below for the following...
Solved Cbse Class 12 Accountancy Full Project(Comprehensive Project, Ratio Analysis and Cash Flow Statements with Conclusion)
http://www.slideshare.net/dankjohn/solved-cbse-class-12-accountancy-full-projectcomprehensive-project-ratio-analysis-and-cash-flow-statements-with-conclusion
Solved Accounting Ratios with Balance Sheet(vertical) and Statement of Profit and Loss - Cbse Class 12 Accountancy Project
http://www.slideshare.net/dankjohn/solved-accounting-ratios-with-balance-sheetvertical-and-statement-of-profit-and-loss-cbse-class-12-accountancy-project
Solved Cash Flow Statements with Balance Sheet (vertical) and Notes to Accounts - Cbse Class 12 Accountancy Project
http://www.slideshare.net/dankjohn/solved-cash-flow-statements-with-balance-sheet-vertical-and-notes-to-accounts-cbse-class-12-accountancy-project
Accountancy Comprehensive Project For Class - 12th on Partnership FirmPriyanka Sahu
This slide is about the comprehensive project given to the students of class 12 for their practical examination. this project is strictly based on the CBSE guidelines. This is a format for making the project. Students can choose any of question in partnership firm and can solve it ,
it is easy to understand that principles given by henry fayol it is applicable on the business enterprise or not ity helps you to understand the fourteen principle of the henry fayol deeply
thank you..............
Accountancy class 12 comprehensive project (all 3 projects covered)Bhavya Namdeo
Hi guys, when i was making my accounts project i was actually confused and did not have any idea how it must look. I tried searching on internet but couldn't get help, so here i am i am uploading my project hope you guys will like it and can take help from this.
Accountancy Project And RELIANCE INDUSTRIES.... CLASS 12 { CBSE } ....AnmolThadhani1
Helllo Frndzz Here in this projects u all will be able to See one accounts problem and its solution and after It covers About RELIANCE INDUSTRIES of his accounting and management... Read study Make it.....
If u have any queries about this project just contact me Frndzzzz
Email :- At.charmingprojects@gmail.com
Solved Cbse Class 12 Accountancy Full Project(Comprehensive Project, Ratio An...Dan John
I assure you that this project of mine will fetch you a very good score.
Good Luck!!
Go to the links below for the following...
Solved Comprehensive Project Cbse Class 12 Accountancy Project
http://www.slideshare.net/dankjohn/solved-comprehensive-project-cbse-class-12-accountancy-project
Solved Accounting Ratios with Balance Sheet(vertical) and Statement of Profit and Loss - Cbse Class 12 Accountancy Project
http://www.slideshare.net/dankjohn/solved-accounting-ratios-with-balance-sheetvertical-and-statement-of-profit-and-loss-cbse-class-12-accountancy-project
Solved Cash Flow Statements with Balance Sheet (vertical) and Notes to Accounts - Cbse Class 12 Accountancy Project
http://www.slideshare.net/dankjohn/solved-cash-flow-statements-with-balance-sheet-vertical-and-notes-to-accounts-cbse-class-12-accountancy-project
Business studies project - "Principles of management - By Fayol" Priyanka Sahu
This slide is about the business studies project we get in class 12th. The whole project is strictly based on CBSE guidelines for the project "Principles Of Management - By Fayol". This is a format i am providing for your convenience and comfort . you can choose any firm, it may be fast food outlet, industry, or a manufacturing unit. Hope this project will help you alot.
This project report is to study various internal and external factors affecting AMUL company.
It can be referred by the one working on business environment subject.
Business studies project for class 12 cbse on principles of management. It includes the survey needed to complete the project. It is a very good project made with accuracy by taking care of little things.
This project is Computer Numerical Control Machine (CNC) which performs engraving on wood or plastic plate. The main goal is to engrave picture on wood. This type of engraving will provide a souvenir as a gift.
Accountancy Projects has been created by team of Accountancy Professionals who have designed the Comprehensive and Specific Projects with solutions to meet the requirements of CBSE students of class 11th and 12th.
This project work contains all the necessary information for class 12 accountancy project
This Project Contains three part. They are as follows.
1. Comprehensive Project
2. Specific - 01(Ratio Analysis)
3. Specific - 02(Cash Flow Statement)
Accountancy 12th class project work(Both Comprehensive and specific)Himanshu Mishra
I have uploaded Accountancy 12th class project work(Which Includes Both Comprehensive and specific) as per latest CBSE guidelines 2015 . This project consist of 52pages where i have uploaded 32 pages (Ledger accounts and introduction have been depleted which you can write on your own)
If any query please persist hmishra678@gmail.com (Himanshu Mishra)
This is PDF of 14 principles of management. (PROFESSIONAL AND MINIMAL)
This will help you to get an idea of making PPT's & if you are having trouble in ppt animation and slides making I can provide you personally made PPT (with animation , transition) for you!
IN THIS PRESENTATION YOU WILL FIND ALL TOPICS RELATED TO PRINCIPLES OF MANAGEMENT AND EACH TOPIC IS EXPLAINED BY ME WITH FULL DETAIL AND WITH FULL UPDATES ACCORDING TO NEW SYLLABUS.IN THIS PPT MANY PICTURES ARE ALSO THERE WHICH IS MOST IMPORTANT INSTRUMENT IN PPT.IF ANY QUERY SO PLZ CONTACT ME 9780529658 AND PLEASE TRY TO LEARN THE CONCEPT.IN THIS PPT MANY TOPICS ARE THERE IN PROPER ORDER.YOU WILL FIND THE PRINCIPLES OF FAYOL AS WELL AS PRINCIPLES OF TAYLOR.THE TECHNIQUES OF TAYLOR ARE ALSO THERE IN MY PPT.SIMPLINESS IS MINE PPT ADWANTAGE THAT YOU WILL DEFINATELY LIKE.PLEASE LIKE SHARE AND FOLLOW ME AND IF ANY QUERY SO PLZ CONATACT ME OR HIT COMMENT BACK.I WILL BW DEFINATELY THERE TO ANSWER YOU.
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Improving profitability for small businessBen Wann
In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
Implicitly or explicitly all competing businesses employ a strategy to select a mix
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Kseniya Leshchenko: Shared development support service model as the way to make small projects with small budgets profitable for the company (UA)
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Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
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Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
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3. HISTORY – HENRI FAYOL
Henri Fayol was born in Istanbul in
1841. When he was 19, he began
working as an engineer at a large
mining company in France. He
eventually became the director, at
a time when the mining company
employed more than 1,000 people.
Fayol began to develop what he considered to be
the 14 most important principles of management.
Essentially, these explained how managers should
organize and interact with staff.
In 1916, two years before he stepped down as
director, he published his "14 Principles of
Management" in the book "Administration
Industrielle et Generale" .
Fayol also created a list of the six primary
functions of management, which go hand in
hand with the Principles.
Fayol's "14 Principles" was one of the
earliest theories of management to be
created, and remains one of the most
comprehensive.
4. COURSE OBJECTIVES
Introduction
Division of work
Authority
Discipline
Unity of Command
Unity of Direction
Subordination of individual interest to
general interest
Remuneration
Centralization
Scalar Chain
Order
Equity
Stability of Tenure Personnel
Initiative
Espirit De’ Corps
5. PRINCIPLES OF MANAGEMENT
Management principles are a set of
fundamental truths based on logic which
provides guidelines for managerial decision
making and other actions. These principles
are derived:
• On the basis of observation and analysis
i.e. practical experience of managers.
• By conducting experimental studies
6. 1. DIVISION OF WORK
Specialization allows the individual to build up experience,
and to continuously improve his skills. Thereby he can be
more productive.
7. 2. AUTHORITY
The right to issue commands, along with which must go
the balanced responsibility for its function.
8. 3. DISCIPLINE
Employees must obey, but this is two-sided: employees will
only obey orders if management play their part by
providing good leadership.
9. 4. UNITY OF COMMAND
Each worker should have only one boss with no other
conflicting lines of command.
10. 5. UNITY OF DIRECTION
People engaged in the same kind of activities must have the same objectives
in a single plan. This is essential to ensure unity and coordination in the
enterprise. Unity of command does not exist without unity of direction but
does not necessarily flows from it.
12. 7. REMUNERATION
Payment is an important motivator although by analyzing a
number of possibilities, Fayol points out that there is no such
thing as a perfect system
14. 9. SCALAR CHAIN (LINE OF
AUTHORITY)
A hierarchy is necessary for unity of direction. But lateral communication is
also fundamental, as long as superiors know that such communication is
taking place. Scalar chain refers to the number of levels in the hierarchy
from the ultimate authority to the lowest level in the organization. It should
not be over-stretched and consist of too-many levels
15. 10. ORDER
Both material order and social order are necessary. The
former minimizes lost time and useless handling of materials.
The latter is achieved through organization and selection.
16. 11. EQUITY
In running a business a ‘combination of kindliness and justice’
is needed. Treating employees well is important to achieve
equity.
17. 12. STABILITY OF TENURE
OF PERSONNEL
Employees work better if job security and career progress are
assured to them. An insecure tenure and a high rate of
employee turnover will affect the organization adversely.
18. 13. INITIATIVE
Allowing all personnel to show their initiative in some way
is a source of strength for the organization. Even though it
may well involve a sacrifice of ‘personal vanity’ on the part
of many managers.
19. 14. ESPRIT DE CORPS
Management must foster the morale of its employees. He further
suggests that: “real talent is needed to coordinate effort,
encourage keenness, use each person’s abilities, and reward each
one’s merit without arousing possible jealousies and disturbing
harmonious relations.”
20. WHAT IS MANAGEMENT?
(ACCORDING TO FAYOL)
Fayol's definition of management roles and actions
distinguishes between Five Elements:
• Prevoyance. (Forecast & Plan). Examining the future and drawing
up a plan of action. The elements of strategy.
• To organize. Build up the structure, both material and human, of the
undertaking.
• To command. Maintain the activity among the personnel.
• To coordinate. Binding together, unifying and harmonizing all
activity and effort.
• To control. Seeing that everything occurs in conformity with
established rule and expressed command.
21. APPLICATION OF FAYOL’S
PRINCIPLES
• Change and Organization.
• Decision-making.
• Skills. Can be used to improve the basic effectiveness of a
manager.
• Understand that management can be seen as a variety of
activities, which can be listed and grouped.
22. VARIOUS TYPES OF INPUTS AND
OUTCOMES
Efforts Pay
Time Promotion
Education Recognition
Experience Security
Training
Personal
development
Ideas Benefits
Ability
Friendship
opportunity
25. ABOUT KFC
Kentucky Fried Chicken, more commonly
known by its initials KFC, is an American fast
food restaurant chain that specializes in fried
chicken. Headquartered in Louisville Kentucky
, it is the world's second-largest restaurant
chain (as measured by sales) after McDonald’s,
with almost 20,000 locations globally in 123
countries and territories as of December 2015.
The chain is a subsidiary of Yum! Brands, a
restaurant company that also owns the Pizza
Hut and Taco Bell chains.
27. • Division of work - The company has divided the total work
into many parts. All the employees performed a particular job
repeatedly. Therefore, it can be said that the principle of
division of work is actually being followed meticulously.
• Authority & Responsibility – The employees have got the
authority as well as the responsibility regarding the work
entrusted upon them. It can be said that the principle is
implemented in this company.
• Discipline – The employees are not fulfilling their
commitment with the company to work honestly for it.
Therefore, it can be said that this principle of management is
being violated in the company.
28. • Unity of command – The unity of command was not being
implemented in the organization because the company has
more than one boss.
• Unity of direction – The company has mainly 3 units.
Therefore, it is clear that each is headed by a different
individual and he is planning & regarding regulating the
activities of his own way. The situation tell us that the
principle of unity of direction is being implemented in the
company.
• Subordination of Individual Interest to General Interest – The
individual employee of the company gave priority to general
interest of the organization over the individual interest.
29. • Remuneration of persons – The employees of the company are
not happy about the remuneration policy of the company .
Therefore, it can undoubtedly be said that the company lacks
behind in observing this principle of management.
• Centralization and Decentralization – The company does not
adapt a complete centralization or a complete decentralization
instead it can be said that the company follows the principle
in an effective way.
• Principle of scalar chain – The chain made by the higher
officials of the company can not be broken. Therefore, scalar
chain is implemented in the company.
30. • Principe of Order – All the employees work only on the pre-
determined place of duty. Therefore, it can be said that
decided work & then doing it is best & according to the
principle of order it is observed.
• Principle Of Equity – It can be said that the company is
conscious about observing the principle of management.
• Stability and tenure of personnel – Labour turnover in the
company is on higher side. In other words, the employees do
not continue to be in the service of the company for a long
period. This situation reflects poor management in the
company. Therefore, the company has to take care of the
stability of the personnel in its own interest.
31. • Initiative – The employees felt that their opinion were given
importance. This is a comfortable situation. This helps in
encouraging initiative & confidence among employees.
• Esprit De Corps – The managers in the company are the
victim of some sort of superiority complex. That is the reason
as to why they give importance to the word ‘I’ instead of the
word ‘WE’ . In the presence of such situation the question of
co-operation on the parts of the employees is simply out of
question. Thus, the principle of management is violated in the
company. So this is not a good situation.