Learn how Henri Fayol’s management theory shaped administrative principles still used by modern businesses. Explore all 14 ...

This represents a waterfall type of approach to project planning, where one phase flows into the other. It works well for certain industries such as construction and manufacturing, but it is less ...

Since the mid-2000s, organizational change management and transformation have become permanent features of the business landscape. Vast new markets and labor pools have opened up, innovative ...

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 ...

Frederick W. Taylor – widely regarded as the founder of scientific management – revolutionized how businesses operate by introducing time-motion studies, standardized processes and incentive-based ...

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 ...