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Henri Fayol’s 14 Principles Of Management 1. Division Of Work Specialization allows the individual to build up experience, and to continuously improve his skills. Thereby he can be more productive. 2. Authority The right to issue commands, along with which must go the balanced responsibility...

Planning Requires decisions on ….. • • • • • What should be done How it should be done Who will be responsible Where the action is to be taken Why is it done Planning is the first step of management process concerned with the establishment of objectives and analysis of present limitations...