Professional Documents
Culture Documents
PRINCIPAL OF
MANAGEMENT
Project seminar by : Joyel Joy
INTRODUCTION
The project is based on a study of HENRI FAYOL’s
14 PRINCIPLES OF MANAGEMENT with a
special reference to McDonald’s
Development of FAYOLISM.
Decentralization means
distribution of power at
every level of management.
HENRI FAYOL’s PRINCIPALS OF
MANAGEMENT
10. Order : A place of 11. Equity : No worker
everything and everyone; should be unduly favored
and everything and or punished.
everyone should be in its
designated place.
HENRI FAYOL’s PRINCIPALS OF
MAMAGEMENT
12. Stability of Personnel : After 13. Initiative : Initiative
being selected and appointed means taking the first
by the righteous procedure, the steps with self motivation.
selected person should be kept
at the post for a minimum
period
HENRI FAYOL’s PRINCIPALS OF
MAMAGEMENT
14. Espirit De Corps :
Management should promote
team spirit, unity and harmony
among employees.
Mc Donald’s
McDonald's Corporation is an American fast food company, founded in 1940
as a restaurant operated by Richard and Maurice McDonald, in San
Bernardino, California, United States. They rechristened their business as
a hamburger stand, and later turned the company into a franchise, with
the Golden Arches logo being introduced in 1953 at a location in Phoenix,
Arizona.. McDonald's had its previous headquarters in Oak Brook, Illinois, but
moved its global headquarters to Chicago in June 2018. In Bahrain there are
almost 20 branches working right now.
HENRI FAYOL’s PRINCIPALS OF MANAGEMENT
WITH REFERENCE TO Mc Donald’s