1. Management and Business Theories
Henri Fayol (1949) is the pioneer to introduce the idea of management, his classical approach has been widely used in business over years. ... The classical approach is the beginning of the management. ... Lastly, Fayol advocated fourteen principles (Appendix 1) to guide the successful managers (Lee D Parker 2005). ... It partly includes Fayol's approach from his fourteen principles, such as centralisation, division of work, order, and discipline, he believed that workers who are paid decent wages should work for the organisation devotedly. ... (Henry Mintzberg, N.D) Stagner(1979 (Stephe...
- Word Count: 1943
- Approx Pages: 8
- Has Bibliography
- Grade Level: Undergraduate