Principles of Management Definition: Principles of management are fundamental rules of management that could be taught in schools and applied in all organizational situations. Fayol’s 14 Principles of Management: Division of work: Specialization increases output by making employees more efficient. Authority: Managers must be
Authority is the right or something about power, the right of control, determine, persons having the legal right to enforce law. Authority is the power or right to grant orders, compose decisions, and enforce obedience.