Question

Write short note on the following:
Any 'five' principles of management.

Answer 1

The Principles of Management are the essential, underlying factors that form the foundations of successful management. Unity of Command - This principle states that each subordinate should receive orders and be accountable to one and only one superior. Good managers discover how to master five basic functions: planning, organizing, staffing, leading, and controlling. Planning: This step involves mapping out exactly how to achieve a particular goal. Say, for example, that the organization's goal is to improve company sales.