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February 2012

Written By: Yogin Vora on February 7, 2012 1 Comment
Span of Management

The span of management indicates the no. of people that report to a particular manager. Hence it states that there is a limit to the no.of subordinates a manager can effectively supervise, but the exact number will depend on certain factors.

Factors That Influence Effective Span of Management are as follows:

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Written By: Yogin Vora on February 5, 2012 No Comment
Principles of Management

Henry Fayol, a French industrialist, summarized the practice of management with fourteen principles.

1. Division of work: A high degree of specialization should result inefficiency. Both managerial and technical works are amenable to specialization.

2. Authority and responsibility: Henry Fayol finds authority and responsibility to be related, [...]

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