MGMT 1053 Lecture Notes - Lecture 8: Trade Union

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7 Jan 2019
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Division of work: work is divided into small tasks/jobs. A trained specialist who is competent is required to perform each job. According to fayol, the intent of division of work is to produce more and better work for the same effort. Specialisation is the most efficient way to use human effort. in business work can be performed more efficiently if it is divided into specialised tasks; each performed by a specialist or trained employee. Thus, in a company we have separate departments for finance, marketing, production and human resource development etc. Collectively they achieve production and sales targets of the company. Fayol applies this principle of division of work to all kinds of work technical as well as managerial. You can observe this principle at work in any organisation like hospital or even a government office. Authority and responsibility: according to fayol, authority is the right to give orders and obtain obedience, and responsibility is the corollary of authority.

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