Скачать или смотреть Chapter 2 | Principles of Management | OCM| 12th Std Gujarat Board | Fayol vs Taylor | Full Chapter

📚 Subject: Organization of Commerce and Management (OCM)
📘 Chapter 2: Principles of Management
🎓 Class: 12th Standard – Gujarat Board (English Medium)

Welcome to Shapers Education’s detailed and student-friendly explanation of Chapter 2 – Principles of Management. This video is designed specifically for 12th standard students of the Gujarat Board to help you understand the core concepts of management principles laid down by Henri Fayol and Frederick Winslow Taylor.

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🔍 What’s Covered in This Video?

✅ Meaning and Importance of Principles of Management
✅ Features/Characteristics of Management Principles
✅ Need for Management Principles
✅ Limitations of Management Principles

📌 Henri Fayol’s 14 Principles of Management:
1. Division of Work
2. Authority and Responsibility
3. Discipline
4. Unity of Command
5. Unity of Direction
6. Subordination of Individual Interest to General Interest
7. Remuneration
8. Centralization and Decentralization
9. Scalar Chain
10. Order
11. Equity
12. Stability of Tenure of Personnel
13. Initiative
14. Esprit de Corps

👉 Each principle is explained with examples and relevance in modern business management.

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🔧 Frederick Winslow Taylor’s Scientific Management Principles:

✔️ Scientific Task Setting
✔️ Work Study
✔️ Standardization of Tools & Equipment
✔️ Scientific Selection & Training of Workers
✔️ Differential Piece Wage System
✔️ Harmony, Not Discord
✔️ Cooperation, Not Individualism
✔️ Development of Each and Every Person to His/Her Greatest Efficiency

🎥 In this video, we also compare Fayol’s and Taylor’s principles and discuss their importance in today’s business environment.

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📌 Perfect for:
12th Standard Gujarat Board Students (Commerce Stream)
OCM Board Exam Preparation & Revisions
Teachers and Tutors seeking structured explanations

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