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WebFeb 23, 2024 · 2. Authority. 3. Discipline. 4. Unity of Command. View More. Any organization that wishes to be efficient and achieve its goals needs good management. Management has four basic functions - planning, organizing, leading, and controlling, also called the POLC framework in management. WebCLASS-12th BUSINESS STUDIES. Rohit Batra ; PGT-COMMERCE ; K.V.-2 Bikaner. 2 PRINCIPLES OF MANAGEMENT. 3. Henri Fayol. Henry Fayol was a French industrialist ; In … Web11. Principles of Management developed by Fayol 1. Division of work: Work is divided in small tasks/job and each work is done by a trained specialist which leads to greater … eyeglass hard case tennis play