Principles of Management | Detailed One shot | class 12 Business studies for Pre Board & Boards 2024

In this video, Sunil Sir has revised the entire chapter of Principles of Management, Business Studies, Class 12th CBSE.

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Time Codes
0:00 - Introduction
00:26 - Official Syllabus.
00:55 - Meaning of Principle of Management.
02:13 - Characteristics/ Nature or features of management principles.
03:45 - General guidelines.
13:15 - Importance or significance of management principles.
20:16 - Henry Fayol 14 principles of Management.
21:51 - 1. Division of work.
24:00 - 2. Authority and responsibility.
26:12 - 3. Discipline.
28:14 - 4. Unity of command.
29:56 - 5. Unity of Direction.
31:19 - 6. Subordination of individual interests to general interest.
35:42 - 7. Remuneration to persons.
36:49 - 8. Centralisation and decentralisation.
39:19 - 9. Principles of scalar chain.
41:43 - 10. Principle of order
43:22 - 11. Principle of equity.
45:57 - 12. Stability of tenure of Personnel.
48:03 - 13. Initiative.
49:52 - 14. Esprit De Corpse.
52:00 - Scientific management.
53:25 - Science not rule of thumb.
56:05 - Harmony, not discord.
58:17 - Cooperation not individualism.
01:01:02 - Development of workers to their greatest efficiency.
01:03:53 - Scientific techniques of Taylor.
01:04:00 - Functional foremanship.
01:06:17 - Four experts underage department.
01:09:54 - Standardisation and simplification of work.
01:13:00 - Work study.
01:21:16 - Differential piece waste system (strong Motivator)
01:23:50 - Mental revolution.

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Principles of Management | Detailed One shot | class 12 Business series for Pre Board & Boards 2024.
Chapter 2 Business studies cbse