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· 18 Jun 2020

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Know The Basic Principles of Management For a Better Assignment Writing!

All the departments of an organization, including operational, human resource, marketing, etc. require efficient management to function properly. An organization needs management at every level of operation. Management is an important discipline which deals with overall decision making and achievement of goals in an organization.

Students of management are often given assignments in different specialized areas of management to sharpen their knowledge in the subject. Due to the immensity and complexity of the subject, students often seek management assignment help. With this, they are able to get an in-depth knowledge about the subject which helps them in their future prospects.

By reading this article, you will get an overview of the basic principles of management that drive the whole managerial process. They provide a basic rule for managerial decision making as well as the conduct of employees. Let us have a look at them –

Division of Work – This principle of management focuses on dividing the work into small chunks and assigning them according to the specialization of the workforce. It leads to an increase in the efficiency of the labor and hence increased productivity.

Authority – According to this principle, the superior has the right to give orders to his subordinates. But responsibility walks hand in hand with authority, which means a commitment to performance.

Discipline – It is necessary for the smooth functioning of an organization. It may apply different methods to ensure obedience and respect at different levels in an organization.

Unity of Command – In order to avoid conflict and chaos in an organizational structure, this principle states that each employee should have a single person giving command i.e., a single superior should be there.

Unity of Direction – Activities of the same type must be clubbed together and should follow directions from a single manager under one plan of action.

Subordination of Individual Interests to the General Interest – Organizational interests are above individual benefits, and thus they must be considered first.

Remuneration – In order to motivate the employees and maintain productivity in an organization, the employees must be paid fairly in accordance with the effort put by them.

Centralization – It stated that decision making should be in the hands of the top level of management, and authority can be passed at lower levels. This will be based on the size of the organization.

Scalar Chain – The line of authority from top-level management to bottom should be clear and must cover all managers at all levels.

Order – There should be maintained in social and moral activities. It ensures safety, efficiency, and smooth operation within the organization.

Equity – All employees should be treated equally. The behavior of the managers must be just to the subordinates, and they must be treated kindly and fairly by all.

Stability of Tenure of Personnel – This principle states that there should not be frequent entry and exit of employees in an organization.

Initiative – For the betterment of the organization, employees should be allowed to take the initiative and give ideas in the functioning of the business.

Esprit de Corps – This ensures the development of team spirit among the employees to boost their goals and develop an atmosphere of trust.

This principle forms the core of the management study. Students can incorporate them into their assignments to write them more efficiently and get a better understanding of the subject. Doing so will help them in fetching better grades.

Summary: The purpose of this article is to make the students familiar with the key principles of management. The knowledge about these principles will help the students in writing their management-related assignments efficiently.

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