Principles of management Chapter 2 | One shot Revision with all Key words. Class 12 Business studies

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PRINICPLES OF MANAGMENT (POINTERS LIST) CHARACTERISTICS/FEATURES/NATURE OF PRINICPLES OF MANAGEMENT 1. General Guidelines 2. Flexible 3. Formed by practice and experiments 4. Universal Applicability 5. Behavioral nature 6. Based on cause and effect relationship 7. Contingent IMPORTANCE/SIGNIFICANCE OF PRINCIPLES OF MANAGMENT 1. Providing managers with useful insights into reality 2. Scientific decisions 3. Fulfilling social responsibility 4. Optimum utilisation of resources and effective administration 5. Meeting changing environment requirments 6. Management training, education and research FAYOL'S PRINCIPLES OF MANAGMENT 1. Division of work 2. Authority and responsibility 3. Discipline 4. Unity of command 5. Unity of direction 6. Subordination of individual interest to general interest 7. Remuneration to employees 8. Centralisation and decentralisation 9. Principle of scalar chain 10. Principle of order 11. Equity 12. Stability of personnel 13. Initiative 14. Espirit de corps SCIENTIFIC MANGMENT (TAYLOR) PRINICPLES 1. Science, not rule of thumb 2. Harmony, not discord 3. Co-operation, not individualism 4. Development of each and every person to his/her greatest efficiency and prosperity SCIENTIFIC TECHNIQUES 1. Function foremanship 2. Standardisation and simplification of work 3. Work study A. Fatigue study B. Method study C. Time study D. Motion study 4. Differential piece wage system

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❤

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Shukriya bhai ❤

[@KangnaPunyaniE]

Book - Henry fayol classic general and industrial management He is father of management studies and thoughts ....

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[@mirchi_yt.]

1 general guiedlines 2 flexible 3 formed by and experiments 4 pervesive Or universal application 5 behivioural in nature 6 cause and effect relationship 7 contingent

[@meteorboy1770]

Features of principles of management:- 1) General guidelines 2) flexible 3) formed by practice and experiments 4) universal application 5) Behaviour in nature 6) cause and effect relation 7) contingent Importance of principles of management:- 1) Scientific decision 2) provide guidelines to manager 3) full fil social responsibility 4) Optimum utilisation of resources 5) meeting changes in environment 14 principles of management:-- 1) Division of work 2) authority and responsibilities 3) Discipline 4) Unity of command 5) Unity of direction 6) subordinates of individual interest to General interest 7) remuneration to person 8) centralisation and de-ce realisation 9) Scaler chain 10) unity of order 11) unity of equity 12) stability of tenure of personal 13) Initiative 14) Esprit De-corps Taylor principles:-- 1) Science, not rule of thumb 2) harmony not discord 3) cooperation not individualisms 4) Development of workers to their greatest efficiency and prosperity

[@pariverma1083]

Henry fayol wrote a famous book = "Henry fayol classic general and industrial management" Henry fayol father of management , studies and thoughts. 😊😊😊❤❤ thanks sir

[@surbhisharma4092]

So beautifully the ch is explained sir u have covered entire topic with best explanation and clearing of concept ❤ ❤ Thank you so much sir ❤ for the videos very conceptual

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[@rituchauhanrituchauhan7273]

Planning department 1.route clerk 2. Inspector clerk 3. Time and cost clerk 4. Disciplinary. Production department 1. Gang boss 2. Speed boss 3.repair boss 4. inspector

[@sarasartworld8216]

Fayol's principal of management ( 14 principles ) 1. Division of work 2. Authority and responsibility 3. Unity of command 4. Unity of direction 5. Remuneration 6.scalar chain 7. ESpirit de corps 8. Initiative 9. Subordinate of individual interest to generate interest 10. Order 11.discipline 12. Equity 13. Centralisation and decentralisation 14. Stability of personnel

[@SonalSinha8]

Henri Fayol 14 Principles of management Division of work Dividing work in small units Authority and Responsibility Responsibility should be equal to Responsibility Discipline Follow rule and regulations Unity of commond Follow one boss Unity of direction Follow one direction towards one goal Subordination of individual interest to general interest Don't be selfish think about organisation Remuneration of persons Give salary so that he she can maintain standard of living Centralisation Top level keep some authority with them

[@gigachad550]

Thank you very much sir, I am very grateful for having a teacher like you 😊 🙏🏻

[@sauravgupta5201]

8:15 sir division of work bhi to overlapping of activities ko reduce kar deta hai. kyuki sabhi individual ko alag work diya jata hai.

[@rituchauhanrituchauhan7273]

F.W taylor principal 1.scince not rule of thumb 2. Harmony not discord 3. Corporation not individualism 4. Delvlopment of worker

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[@GouravGill-ki5rr]

1.Devison of work 2.authority & responsibility 3.displine 4.unity of command 5.unity of direction 6.stability of tenure of personel 7. Equity 8. Espirt de crops 9.initative 10. Centralisation & decentralisation 11.remuneration 12. Order 13 scalar chain 14. Subordination individual interest to general interest

[@NikhilYadav-do3gt]

Thank you sir 🙌🏻❤️ Best for revision..✨🔥 Maza aa gaya 💙💯

[@Sanjana12-767]

Sir I actually can't thank you enough 😭😭 you are like God for me my life saviour ❤

[@Aryan8650]

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[@Renu-zf9zr]

General and industrial management book name. Father of modern management. 5:19

[@Ami-Bun7]

Principal of management are those scientific decisions which provide guidelines to the manager so that they can fulfill their social responsibilities, make optimum utilization of resources and meet environmental changes

[@rajagrahari8231]

1 division of work 2 authority and responsibility 3 discipline 4 unity of command 5 unity of direction 6 subordination of individual interest to general interest 7 remuneration of person 8 centralisation and decentralisation 9 principal of scalar chain 10 principal of order 11 principal of equity 12 separation of tenure of personnel 13 initiative 14 esprit de corps

[@BbBv-t8k]

Good explanation for revision

[@melonrusk4618]

Fayols contribution for our headache Division of work Authority and responsibility Discipline Unity of command Unity of direction Subordination of individual interest to general interest Remuneration of personnel Centralization and decentralisation Scalar chain Principle of order Principle of equity Stability of tenure of personnel Initiative Espirit de corps Easy

[@Ik_ure_gay]

Management principles are those scientific decisions which provide guidelines to managers so that they can fulfill social responsibilities make optimum use of resources and meet changes in the environment.

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Hii

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[@V____01]

General and industrial management ,,,, written by Henri fayol.. And he was the father of general and functional management

[@FutureFlick-d-j]

25:22 sirji tabhi toh hum aap se samnjhte hai! 😊

[@KumkumSingh-lf5xb]

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❤❤❤ Thank you sir 😇 we always love you.. best teacher of the universe 🙏🏻

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Sir concept toh learn ho jaate h par case study main confuse ho jaate h or jayada confuse chapter 7,8,9. Ki case study m hote h 😔

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Chal be

[@sumndeepkaur3106]

Thanks sir ❤this video helps me alot👍🏻❤️

[@studyONLY-j7n]

sir best one shot literally revised all the concepts of the chapter book -henry fayols classic general and industrial management henry fayol is known as father of general management

[@sudeepmishra3262]

1. H fayol is the father of management And thoughts 2. Book of H fayol is Classic general and management.

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Book name - Henry fayol classic general and industrial management Henry fayol is a Father of studies and thoughts❤

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Management principles are those scientific decisions which provide general guidelines to the manager to fulfil social responsibility and helps to make optimum utilisation of resources and helps to meet the changes in environment

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Thank you sir ❤

[@AshishKumar-jp1ms]

Book Name : Henry Feyol's Classic General and Industrial Development. He is known as Father of Management studies and thoughts.

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managementprincipals are those scientific decisions which provide general guideline to fulfill social responsibility to otptimim utilization of resources for meeting chnages in enir

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Henri fayol father of modern principal of management. Book - general and industrial management

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[@Tera.jija.1]

Management principles are those which scientific decisions make to provide guidelines to the managers so that they can fulfill the social responsibilities made the optimum utilisation of resources and meet it changes in the environment which are occur

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Thank you sir for your large contribution in our 12th class journey

[@Alenstar101]

Book name =general and Industrial management.

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Your video is so helpful for doing revision

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[@_karan_gr]

Characteristics:- General guidelines Flexible Cause an effect relationship Formed by practice and experiment Universal applicability Fayol's principal:- Division of work Authority and responsibility Displine Unity of command Unity of direction subordination of individual intrest to general intrest Remuneration of employees Centralisation and decentralisation Scalar chain Principal of order Principal of equity Stability and tenure of personal Initiative Esprit de crops

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Sir thanks sir .. bass isi tarah sare chapters krwadijie ❤

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General and industrial management (book) Father of general management ❤❤

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NATURE/FEATURES/CHRACTERISTICS 1. Universal application 2. Flexible 3. Based on cause and effect relationship 4. Relative 5. Mainly behavioural 6.General guidelines 7. Formed by practise & experimentation IMPORTANCE: 1. it provides managers useful insight into reality 2. Scientific decisions 3. Optimum utilisation of resources 4. Management reasearch,training & education 5. Fullfilling social responsibilities 6.Meeting changing environment requirement SCIENTIFIC PRINCIPLES(F.W. TAYLOR) 1. science not rule of thumb 2. harmony not discord 3. cooperation not individualism 4. development of workers to their greatest efficiency SCIENTIFIC TECHNIQUES 1. concept of mental revolution 2. differential piece wage system 3. motion study 4. fatigue study 5. method study 6. time study 7. standardisation & simplification 8. functional foremanship 14 PRINCIPLES OF MANAGEMENT(Henri Fayol) 1. Division of work 2. Authority & responsibility 3. Discipline 4. Order 5. Espirit de corps 6. Subordination of individual interest to general interest 7. Initiative 8. Remuneration 9. Unity of direction 10. Unity of command 11. Stability of tenure of personnel 12. Equity 13.Centralisation & decentralisation 14.Scalar chain 🎉🎉🎉🎉🎉🎉 14.

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Thanks sir for your large contribution in our 12th journey

[@Vasudev_krishna017]

differnce b/w flexible and contingent ?? cz both are situational !

[@Tera.jija.1]

Characteristics nature General guidelines Universal applicability Flexible Mainly behavioural Formed by experience and practice Contingent Cause and effect relationship Importance | significance Providing managers with useful insights into reality Scientific decisions Fulfilling social responsibility Optimum utilisation of resources and effective administration Meeting changing environment requirements Managing training,education ,and research Fayol's general principles of management Division of work Authority and responsibilty Discipline Unity of order Unity of command Order Subordination of individual interest to general interest Scalar chain Remuneration of employes Stability of personnel Equity Centralisation and Decentralisation Initiative Esprit de corps Scientific management (FW TayloR ) Science, not rule of thumb Harmony not discord Cooperation not individualism Development of each and every person to his /her greatest efficiency Techniques of FW (Taylor) Functional foremanship Differential piece wage system Standardization and simplification of work Work study °Time study °Fatigue study °Method study ° Motion study °

[@Mr.AS18]

Too good revision 👍

[@Roxy_Bacha]

Literally no words🙌❤️

[@bikkarsingh4088]

Henri Fayol's classic general and industrial management Father of management studies and thoughts

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Watching it again for my LU entrance paper ,tommorow

[@aparnadhawan5678]

Management principles are those scientific decisions which provides guidelines to the manager so that they can fulfill social responsibility optimum utilisation of resources and meeting changes in the environments Importance of management principles

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Thank you sir you are working very hard for us and guiding us ❤🙏

[@LakshyarajKumawat-mn8jy]

Very nice explanation sir ❤

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Thank you so much sir very helpful this video

[@cllassicaart]

Key of words is most useful to open the lock of Answer in a case based Question So, during with reading the case based question, also Underline keywords of those question and then comparing all key words with all topics which is asked in question..😮and after all you found your answer in minium time😅...

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Your explanation is too good sir

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Agar sir yeh points haam boards me likh ke aajye toh marks mil jayege kya please reply sir bina definition ke jase isne pucha science not rule of thumb toh jo aap yeh points bata rhe ho wo likh skte he kya marks milege kya isme yeh points me sirf points likhne me please reply

[@s21_facts]

Management principal are those scientific decision which provide guidelines to the manager so that they fufill social responsibility and make optimum utilization of resources and meet changes in environment

[@Surbhi_0626]

Book name - genral and industrial development

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Sir it is very helpful for us❤

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Thank you so much sir ❤

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thank you so much sir for everything. I am watching this video while being a student of South campus, delhi university 🩷

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Best of luck 22-02-25 ❤️

[@DhruvRathore-t9k]

Father of management - Henry fayol. Father of scientific management - FW Taylor ❤❤

[@AnshJain-vj9mj]

Thank you so much sir you are the best 🙏❤

[@GouravGill-ki5rr]

Management principles are those scientific decision which gives general guidelines towards social responsibility , optimum utilisation of resources & adopted or meeting changes in environment

[@darshiltalesara6450]

Rolls royce was hurted in standardisation and simplication of work

[@Agrima1203]

Nice explanation sir😊

[@hridesh_kumar_singh]

sir you promised that you will bring cumulative revision series ........you will revise chapter 1 in short again while explaining chapter 2............ we want that ......please bring it

[@RashiBharadwaj]

Henry fayol was a father of principles of management and he wrote a book name is Henry fayol classic genral and industrial management 🎉

[@rushikotak3806]

No, fayol was father of GENERAL Management

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Sir, plz plz plz upload separately videos for "mnemonics" codes..

[@thevishesh]

Management principles are those scientific decisions which provide guidelines to manager for optimum utilization of resources, fulfilling social responsibility and meeting changing requirements.

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Kaal Boards ka exam hai aur aaj ye video dekh rha hu

[@mamta.upadhyay]

Mai bhi

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Best of luck bro

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You can do it

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Thanks

[@ruhikhanna1844]

Management principles are general guidelines which provides guidelines to manager so that they can fulfill social responsibility optimum utilisation of resources and meet changes in environment

[@jaikhanna5544]

Thank you sir your explain is good

[@SrijanMishra-l3m]

father of modern mgmt................................................

[@cllassicaart]

Book name .. HENRY FAYOL'S CLASSIC GENERAL AND INDUSTRIAL MANAGEMENT 😅

[@AyushBHALOTIYa76]

Sir ya sara topic bihar board exam ke liye v important ho sakta hai kya ??Because I am from Bihar board.

[@Manoj-d2i2x]

5:18 father of general management

[@sadhhnaghosh]

HENRY FAYOL - FATHER OF GENERAL MANAGEMENT.

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henry fayol classic general and industrial management henry fayol is the father of mgmt studies and thoughts

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Amazing lecture 🤗🤗

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general guidelines flixeivble formed by practice universal behavior change cause and effect rel contingent

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henry fayol division of work authority and res discipline unity of direction unity of command remuration esprit de corp scaler chai