Principles of Management according to Foyols

On the basis of Foyols what are the principles of Management?

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Henri Fayol (1841-1925) was a French Mechanical engineer who gave 14 general principles of Management which are as under:

1. Division of Work

2. Authority and Responsibility

3. Discipline

4. Unity of Command

5. Unity of Direction

6. Subordination of Individual Interest to General Interest

7. Remuneration of Employees

8. Centralization and Decentralization

9. Scalar Chain

10. Order

11. Equity

12. Stability of Personnel

13. Initiative

14. Espirit De Corps

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