26-05-2016, 12:00 PM
I want to know is mercedez company is follow fayol principle in theory ?
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Mercedes-Benz India Pvt Ltd is a wholly owned subsidiary of the German Daimler AG founded in 1994, with headquarters in Pune, Maharashtra, India. The brand is known for luxury vehicles, buses, coaches, and trucks. The headquarters of Mercedes-Benz is in Stuttgart, Baden-Württemberg, Germany.The name first appeared in 1926 under Daimler-Benz, but traces its origins to Daimler-Motoren-Gesellschaft's 1901 Mercedes and to Karl Benz's 1886 Benz Patent-Motorwagen, which is widely regarded as the first gasoline powered automobile. Mercedes-Benz's slogan is "The Best or Nothing". Mercedes-Benz is one of the most recognized automotive brands worldwide.