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in Principles and Techniques of Management by (53.6k points)

Explain the activities of an industrial undertaking as given by Fayol.

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1. Technical Activities : Related to production. 

2. Commercial Activities: Related to buying-selling and exchange activities. 

3. Financial Activities: Related to obtaining funds and their optimum utilisation.

4. Security Activities : Related to security of assests and materials.

5. Accounting Activities : Related to stock evaluation, balance sheet, etc.

6. Managerial Activities: Related to planning, organising, directing, controlling and coordination.

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