Target Exam

CUET

Subject

Business Studies

Chapter

Principles of Management

Question:

From the following statements: choose what all is true about Fayol?

A. He gave general principles of management
B. Time study is the contribution of Fayol
C. He is known as the Father of Scientific Management.
D. He graduated from a mining scademy of St. Etienne
E. Scalar Chain is one of the principle of 14 Principles of Management given by him

Choose the correct answer from the options given below:

Options:

A, B and C only

A and E only

A, B, C and E only

A, D and E only

Correct Answer:

A, D and E only

Explanation:

The correct answer is Option (4) → A, D and E only.

A. He gave general principles of management- THIS IS TRUE.

B. Time study is the contribution of Fayol- This is false as time study is a technique proposed by Taylor.

C. He is known as the Father of Scientific Management. This is false as Taylor is called Father of Scientific Management. Fayol is called Father of general Management.

D. He graduated from a mining scademy of St. Etienne- THIS IS TRUE.

E. Scalar Chain is one of the principle of 14 Principles of Management given by him- THIS IS TRUE.

 

Henri Fayol (1841-1925) was a French management theorist whose theories concerning scientific organisation of labour were widely influential in the beginning of twentieth century. He graduated from the mining academy of St. Etienne in 1860 in mining engineering. His theories deal with organisation of production in the context of a competitive enterprise that has to control its production costs. Fayol was the first to identify four functions of management – Planning, Organising, Directing and Controlling although his version was a bit different – Plan, Organise, Command, Coordinate and Control. According to Fayol, all activities of an industrial undertaking could be divided into: Technical; Commercial; Financial; Security; Accounting and Managerial. He also suggested that qualities a manager must possess should be — Physical, Moral, Education, Knowledge and experience. He believed that the number of management principles that might help to improve an organisation’s operation is potentially limitless. Based largely on his own experience, he developed his concept of administration. The 14 principles of management propounded by him were discussed in detail in his book published in 1917, ‘Administration industrielle et generale’. It was published in English as ‘General and Industrial Management’ in 1949 and is widely considered a foundational work in classical management theory. For his contribution he is also known as the ‘Father of General Management’.