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14 Principles of Management – Fayol’s Seminal Work Summarized

Introduction 14 Principles of Management or Fayol’s Principles are a set of guiding principles by which management operates. As a part of scientific management and also a classical theorist, these principles are the cornerstone on which modern-day management theories are built. 14 Principles of Management can be jotted down as: Historical Premise In addition to …

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