Answer:
(d) Henri Fayol
Step-by-step explanation:
Henri Fayol developed the fourteen principles of management apart from developing five managerial functions.
His 14 management principles are stated as under:
- Division of labor
- Authority and Responsibility
- Discipline
- Unity of command
- Unity of direction
- Subordination of individual interest to Organizational interest
- Remuneration
- Centralization and Decentralization
- Scalar Chain
- Order
- Equity
- Stability of tenure of personnel
- Initiative
- Espirit de Corps
Fayol's principles were more suited and focused on top level management whereas Taylor's principles were more focused at workshop factory level. The concept of Fayol's theory on business administration is referred to as Fayolism.