Category: Intoduction to management

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Levels of Management,Managerial levels,Managerial Hierarchy: Many managers work in an organisation. However, these managers do not work at the same level. They work and operate at different positions. Hierarchy of these managerial positions is called Levels of Management. 1)Top Level of Management The Top Level Management consists of the Board of Directors (BOD) and the […]
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Henry Fayol’s fourteen universal principles of Mananagement Henri Fayol  was a French mining engineer, mining executive,an author and director of mines who developed a general theory of business administration that is often called Fayolism. He and his colleagues developed this theory independently of scientific management but roughly contemporaneously. Like his contemporary, Frederick Winslow Taylor, he is […]
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