Fayol saw that activities of an industrial undertaking could be divided into 6 groups.
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Technical (Production)
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Commercial (Buying, Selling and exchanging)
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Financial (Search for and optimum use of capital.)
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Security (Production of property and persons.)
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Accounting (Including Statistics.)
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anagerial (Planning, Organization, command, coordination and control)
Fayal focused his Analysis on the 6th groups and formulated 14th Principles.
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Division of work.
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Authority and responsibility.
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Discipline.
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Unity of command.
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Unity of direction.
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Subordination of undivided to general interest.
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Remuneration.
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Centralization.
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Sector Chain.
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Order-a place for everything and everything in its place.
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Equity.
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Stability of tenure.
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Initiative.
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Espirit do corps “In union there is strength”
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