Question

The theory of management propounded by Henry Fayol is called _____

   The theory of management propounded by Henry Fayol is called _____
Principles of Management (WBUT)
Principles of Management (WBUT)
J.S. Chandan 2nd Edition
Chapter 1, Problem 9 ↓

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The theory of management propounded by Henry Fayol is called "Fayolism" or "Fayol's 14 Principles of Management."  Show more…

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Key Concepts

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Administrative Management Theory
A management approach that emphasizes the importance of comprehensive administrative practices and principles, such as planning, organizing, commanding, coordinating, and controlling. This theory, as introduced by early theorists like Henry Fayol, serves as a pioneering framework that laid the groundwork for effective managerial practices in modern organizations.
Classical Management Theory
A foundational school of thought in management that emerged in the early 20th century, characterized by a focus on hierarchical organization, division of labor, and the establishment of structured rules and procedures. This theory integrates the contributions of various theorists, including Henry Fayol, and underscores the development of systematic and efficient methods for managing organizational processes.

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