In the early 1900s, Henri Fayol developed a modern management theory that business leaders still use today. Fayol's theory was honed while he worked his way up the ladder to become the director of a ...

The differences between Unity of Command and Unity of Direction are as follows: One subordinate should receive orders from and should be responsible to only one superior. Each group of activities ...

Classical and scientific management theories emphasize efficiency and task specialization through systematic study of workers ...

While there is a growing consensus as to what good 21 st century management looks like, as well as a recognition that Agile isn’t the only path to achieve it, it is striking to see how many big ...

Widely regarded as one of the most influential management experts in the early days of classical management theory, Mary Parker Follett developed foundational concepts that redefine how organizations ...

A version of this article appeared in the Autumn 2016 issue of strategy+business. Most companies have leaders with the strong operational skills needed to maintain the status quo. But they face a ...

Henry Gantt’s management theory has had a profound impact on project management practices and continues to be widely used today. Gantt’s management theory incorporates a record of the work that has ...

MCQs for Class 12 Business Studies Chapter 2: This article presents MCQs for CBSE Class 12 Business Studies Chapter 2, Principles of Management. You can also find a ...