Documentos de Académico
Documentos de Profesional
Documentos de Cultura
Planning: Deciding what needs to happen in the future and generating plans for
action(deciding in advance).
Organizing: Making sure the human and nonhuman resources are put into place
who can understand the changing situation well in time can alone
face competition successfully. The principles of management enable
the managers to face this challenge.
For example, the principle of unity of direction tells us that all the
activities connected with the attainment of the same objective
should be completed under the direction of the same manager.
In doing so a manager would be able to have the detailed
information connected with the limited activities being done under
his direction. In case the activities connected with different
objectives are being done under the direction of one manager, he
will not be able to understand the changes being effected in any
activity.
(5) Fulfilling Social Responsibility:
The principles of management increase the efficiency of the
managers and enable them to fulfill their social responsibility. More
efficient managers can make good quality products at reasonable
prices available all the times.
For example, the principle of Fair Remuneration advocates
appropriate remuneration to the employees and helps in fulfilling
responsibility towards them.