PRINCIPLES OF MANAGEMENT PRINCIPLES ARE THE STATEMENTS OF FACTS WHICH PROVIDE GUIDANCE TO ATTAIN THE GOAL OF THE ORGANISATION

NATURE OF PRINCIPLES OF MANAGEMENT UNIVERSAL APPLICABILITY FLEXIBILITY

GENERAL GUIDELINES BEHAVIOURAL IN NATURE FORMED BY EXPERIMENTS ON HUMAN BEHAVIOUR

IMPORTANCE OF PRINCIPLES OF MANAGEMENT EFFECTIVE ADMINISTRATION PROVIDING INSIGHT TO MANAGERS MEETING CHANGING BUSINESS ENVIRONMENT OPTIMUM UTILISATION OF RESOURCES SCIENTIFIC MANAGEMENT

UNITY OF COMMAND ALL THE ORDERS ARE TO BE GIVEN BY ONLY ONE BOSS,WHICH RESULT IN COMPLETION OF WORK IF COMMAND WILL BE GIVEN BY MORE THAN ONE BOSS ,CREATES CONFUSION & CHAOS AND RESULTS IN INCOMPLETION OF THE WORK

SCALAR CHAIN SYSTEMATIC CHANNEL SHOULD BE FOLLOWED FROM THE TOP MANAGEMENT FOR PASSING INSTRUCTONS & FOR AS WELL AS SUGGESTIONS AND PROBLEMS BY THE LOWER LEVEL MANAGEMENT BUT FAYOL INSISTED THAT A SHORT CUT NAMED AS GANG PLANK DEVICED TO COMMUNICATE AMONG THA SAME LEVEL IN CASE OF EMERGENCY

EQUITY PARITY OF AUTHORITY & RESPONSIBILITY ALL SUPERIORS & SUBORDINATES ARE EQUAL FOR THE MANAGEMENTT.NO BIASED BEHAVIOUR SHOULD BE ADOPTED ON THE BASIS OF THEIR CASTE .CLASS, COLOUR, CREED & JOB POSITIONTO BE TREATED EQUALLY PARITY OF AUTHORITY & RESPONSIBILITY A BALANCE TO BE MAINTAINED IN GRANTING AUTHORITY & GIVING RESPONSIBILITY IF AUTHORITY > RESPONSIBILITY THEN MISUSE OF AUTHORITY IF RESPONSIBILITY >AUTHORITY THEN OVERBURDEN WITH RESPOSIBILITY

DISCIPLINE INITIATIVE RULES,PENALTIES ARE EQUALLY IMPLICABLE FOR ALL THE EMPLOYEES IRRESPECTIVE AF THEIR JOB POSITIONS INITIATIVE OPPORTUNITIES SHOULD BE GIVEN TO ALL THE EMPLOYEES TO BE THE PART OF PLANNING & EXECUTION

ESPIRIT DE CORPS IT MEANS UNITY IS STRENGTH ,ALL EMPLOYEES SHOULD FEEL THAT THEY ARE THE PART OF THE TEAM SUBORDINATION OF INDIVIDUAL INTEREST TO GROUP INTEREST THE INTEREST OF THE ORGANISATION SHOULD SUPERSEDE THE INDIVIDUAL INTEREST

STABILITY OF TENURE OF PERSONNEL EMPLOYEES SHOULD BE GIVEN JOB SECURITY THEN ONLY THEY CAN CONTRIBUTE TO THEIR MAXIMUM IN THE ORGANISATION UNITY OF DIRECTION ALL THE EMPLOYEES SHOULD BE DIRECTED TOWARDS ANE COMMON GOAL & WORK IN ONE DIRECTION

DIVISION OF WORK ALLOCATION OF EACH SMALL PART OF WORK TO THE EMPLOYEES AS PER THEIR INTEREST & EXPERIENCE, THAT LEADS TO SPECIALISATION ORDER ORDERLY ARRANGEMENT OF MEN ,MATERIAL & MACHINE AT A FIXED PLACE

FAIR REMUNERATION REMUNERATION PAID TO AN EMPLOYEE SHOULD BE FAIR & JUST . FAIR WAGES GIVE SATISFACTION TO THE EMPLOYEES,WHICH ARE DECIDED IN ACCORDANCE TO THE MINIMUM WAGES ACT ,FINANCIAL CAPACITY OF THE CONCERN & AMOUNT PAID BY THE COMPETITORS

CENTRALISATION & DECENTRALISATION WHEN DECISION MAKING AUTHORITY LIES WITHIN FEW HANDS , ie CENTRALISATION WHEN DECISION MAKING AUTHORITY IS SHARED AT DIFFERENT LEVELS , ie DECENTRALISATION