In the early 1900s, Henri Fayol developed a modern management theory that business leaders still use today. Fayol's theory was honed while he worked his way up the ladder to become the director of a ...

The differences between Unity of Command and Unity of Direction are as follows: One subordinate should receive orders from and should be responsible to only one superior. Each group of activities ...

While there is a growing consensus as to what good 21 st century management looks like, as well as a recognition that Agile isn’t the only path to achieve it, it is striking to see how many big ...

MCQs for Class 12 Business Studies Chapter 2: This article presents MCQs for CBSE Class 12 Business Studies Chapter 2, Principles of Management. You can also find a ...

A version of this article appeared in the Autumn 2016 issue of strategy+business. Most companies have leaders with the strong operational skills needed to maintain the status quo. But they face a ...