4.6
Centre for Distance Education
Acharya Nagarjuna University
contributions to the promotion of management at the organization level are given by Fayol that is
why he is known as Father of Modern Operational Management.
Henry Fayol observed that management was an activity common to all human undertakings
whether in the home, business, Government. He divided all activities of a business enterprise into
six categories.
a. Technical activities – production.
b. Commercial activities – buying, selling.
c. Financial activities – search for and optimum use of capital.
d. Security activities – protection of property and persons.
e. Accounting activities – including statistics.
f.
Managerial activities.
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