List I Application of Principles | List II Fayol's Principles | ||
A. | People and material must be in suitable places or appropriate time for maximum efficiency | I. | Espirit De Corps |
B. | This principle resembles military organisation wherein dual subordination should be avoided | II. | Order |
C. | It will minimise the need for using penalties | III. | Stability of personnel |
D. | Employees should be given reasonable time to show results | IV. | Unity of Command |
List-I (Functional Areas) | List-II (Standards) |
(A) Production | (I) Cost |
(B) Marketing | (II) Sales Volume |
(C) Human Resource Management | (III) Labour Relations |
(D) Finance | (IV) Liquidity |