General principles

Yet, general principles of law are considered to be part of positive law, even if they are only used as subsidiary tools.

General principles

He died in Paris in According to Fayol, the object of division of work is to produce more and better work with the same effort. Authority is the right to give orders and the power to exact obedience.

Later insocial psychologists John French and Bertam Raven, defined five sources of power as: According to Fayol, authority is not to be conceived of apart from responsibility, that is apart from sanction — reward or penalty — which goes with the exercise of power.

Generally Accepted Accounting Principles (GAAP)

Responsibility is a corollary of authority, it is its natural consequence and essential counterpart, and wheresoever authority is exercised responsibility arises.

Discipline, being the outcome of different varying agreements, naturally appears under the most diverse forms; obligations of obedience, application, energy, behaviour, vary, in effect from one firm to another, from one group of employees to another, from one time to another.

General principles

Nevertheless, general opinion is deeply convinced that discipline is absolutetly essential for the smooth running of business and that without discipline no enterprise could prosper. This principles General principles that an employee should receive orders from one superior only.

Fayol says that if it is violated, authority is undermined, discipline is in jeopardy, order distributed and stability threatened. One head and one plan for a group of activities having the same objective. Organizations write and announce vision and mission statements, objectives and strategies so that the organizations align and go in the same direction.

Subordination of individual interest to the general interest: This principle calls to mind the fact that in a business the interest of one employee or group of employees should not prevail over that of the concern, that the interest of the home should come before that of its members and that interest of the state should have pride of place over that of one citizen or group of citizens.

Remuneration of personnel is the price of the services rendered. It should be fair and, as far as is possible, afford satisfaction both to personnel and firm employee and employer.

Three modes of payment in use for workers are: Time rates, job rates and piece rates. Fayol also mentioned about bonuses and profit-sharing and non-financial incentives.

The question of centralization or decentralization is a simple question of proportion, it is a matter of finding the optimum degree for the particular concern. The degree of centralization must vary according to different cases: If the moral worth of the manager, his strength, intelligence, experience and swiftness of thought allow him to have a wide span of activities he will be able to carry centralization.

If conversely, he prefers to have greater recourse to the experience of his colleagues whilst reserving himself the privilige of giving central directives, he can effect considerable decentralization.

Scalar Chain line of authority: The scalar chain is the chain of superiors from the ultimate authority to the lowest ranks. He classifies two types of order as material order, which means everthing must be in its appointed place and social order, which presupposes the most succesful execution of the two most difficult managerial activities: Social order demands precise knowledge of the human requirements and resources of the concern and a constant balance between these requirements and resources.

Desire for equity and equality of treatment are aspirations to be taken into account in dealing with employees.

General principles

In motivation theories of organizational behaviour equity is important. John Stacey Adams, behavioral psychologist asserted that employees seek to maintain equity between the inputs that they bring to a job and the outcomes that they receive from it against the perceived inputs and outcomes of others in Please follow the link for a visual representation of Adams theory Stability of tenure of personnel:Generally Accepted Accounting Principles - GAAP.

These 10 general principles can help you remember the main mission and direction of the GAAP system. 1.) Principle of Regularity. In the Roman conquest of Gaul, Julius Caesar led his legions into battle wearing a flowing red cape. The cape made him more likely to be killed but easier for his men to see; it served as a.

The American Psychological Association's (APA) Ethical Principles of Psychologists and Code of Conduct (hereinafter referred to as the Ethics Code) consists of an Introduction, a Preamble, five General Principles (A-E) and specific Ethical Introduction discusses the intent, organization, procedural considerations, and scope of application .

General Principles Key Points The principle of ‘Equitable and Reasonable Utilisation’ is the cornerstone of international law related to transboundary watercourses. At the same time, there are features specific to contemporary Western culture that inhibit the reception of Church teaching on sexual issues in general and on homosexuality in particular.

For example, there is a strong tendency toward moral relativism in our society. GENERAL PRINCIPLES The following general principles apply to every employee and may form the basis for the standards contained in this part.


Where a situation is not covered by the standards set forth in this part, employees shall apply the principles set forth in this section in.

General Principles