Management is the administration of an organization business nonprofit organization or government body Principles of management is a broad and general guideline for managerial decision making and behavior of employee towards organization They are underlying factor forming the foundation of successful management These Principles are Division of Work It states that whole work is divided into small task The specialization of workforce should be according to skill set of a person thereby increasing productivity and efficiency of work Specialization also increases accuracy and speed Authority and Responsibility Authority means the right of a superior to give commands or order to his
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