14 Principles of Management by Henri Fayol

Explain, What is 14 Principles of Management by Henri Fayol? Meaning; Business administration is the management of a business. It includes all aspects of overseeing and supervising business operations and related field which include Accounting, Finance, and Marketing. Management consists of the interlocking functions of creating corporate policy and organizing, planning, controlling, and directing an organization’s resources in order to achieve the objectives of that policy.

Nature and Characteristics of Management

Nature and Characteristics of Management – Goal-oriented, Universal, Integrative Force, Social Process, Multidisciplinary, Continuous Process, Intangible, and Art as well as Science. So, what we discussing is –  The Topic is Nature and Characteristics of Management.