How relavent is Fayol's five functions of management in a modern meduim sized building firm?

Introduction Henri Fayol, a French engineer who worked his way up to become the director of mines, published "Administration Industrielle et Generale " in 1916. Constance Sorrs did not translate the publication to English until the 1940s. Fayol was therefore mostly overlooked by the American writers of the time. Fayol was at the forefront of the classical school of management theory, which helped develop the principles of a modern manager. The main points to come out of …

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