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Fayol's definition of management functions and actions differentiates between Five Elements:
1. Prevoyance. (Forecast & Plan). Investigating the future and making up a plan of action.
2. To organize. To make up the structure, both human and material, of the undertaking.
3. To command. Continue the activity between the personnel.
4. To coordinate. Binding mutually, unifying and harmonizing all activities and efforts.
5. To control. Observing that everything takes place in conformity with recognized rule and expressed command.
WHAT ARE THE 5 MOST COMMON ETICAL STANDARDS OF STRATEGIC HUMAN RESOURCES MANAGEMENT
EFFECTIVE HRM DEPENDS UPON SOUND REWARD SYSTEM
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