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MGMT 310 Principles and Theory of Management

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As per the course, MGMT 310 Principles and Theory of Management, the management theory introduced by Henri Fayol includes some principles of management. Fayol concluded that businesses should interact with personnel in five basic ways in order to control and plan production as per these principles.

Also as per the course MGMT310Principles and Theory of Management, management is a discipline that includes a set of some general functions like:

  • Planning
  • Organizing
  • Staffing
  • Leading and
  • Controlling

Other than this, there are four general management theories as per the course MGMT 310 Principles and Theory of Management, as illustrated below:

  • Theory of Scientific Management by Frederick Taylor
  • Administrative Management Theory by Henri Fayol
  • Bureaucratic Management Theory by Max Weber
  • Behavioral Management Theory by Elton Mayo

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