The Historical Approaches to Management Fayol's Principles in the Cupcake Kingdom The classical approach to management includes administrative management, which examines management from the perspective of. senior executives A subset of administrative management is Hent Fayors 14 principles of management, which still apply to mamy current business situations You will read a case about the Cupcake Kingdom, a bakery that has been in business for 10 years, which Will itustrate how Fayors principles apply to businesses Henw Fayol a French mining engineer and executive, published a book in the early 1900 summarizing his management experiences. In para lel to the four functions of management reviewed in Chapter to Foyol identified five functions of management-planning. organizing. commanding. coordinatingt and controlling. Additionally, ne defined 14 pciviciples of management, which are outlined in Fxhtuit 24 in the text. Revd the awni-case besowand complere the actovil as instructed The Cupcake Kingdom, a bakery offering a wide varey of baked goods but speciating in cupcakes, has been in busihess for 10 yeass The ownec, Colleen Jenians, believes that employes are the foumdotion of any business With that in mind she communicates as to thes roles and positions. The company cudtate enployees who clearly assist in ochieving company goals. Employees are cleor Hover over edchitem to read a descriomoat - Th by the low tumover