Principles of Management

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11 02, 2016

Principles of Management – Questions

Name the principle of scientific management which is concerned with selecting the best way of performing a job through application of scientific analysis and not by intuition or hit and trial methods.
11 02, 2016

Meaning and Features of Management Principles

Management principles are mainly the outcome of human behavior and aim at bringing the desired behavioral change for the achievement of organizational goals.
11 02, 2016

Significance of Principles of Management

Management principles help managers to understand the practical real business situations properly and increase their efficiency.
11 02, 2016

Scientific Management

According to F.W.Taylor “Scientific management means knowing exactly what you want men to do and seeing that they do it in the best and cheapest way.”
11 02, 2016

Techniques of Scientific Management

Factory manager will have planning incharge and production incharge under him, handling four supervisors each who will further take the work from workers under them.
11 02, 2016

Fayol’s Contribution to Management

He was the first to give the functions of management in terms of Planning, Organizing, Directing and Controlling by giving Plan, organize, command, coordinate and control as the main functions of a manager.
11 02, 2016

Fayol’s Principles of Management

Henry Fayol has given fourteen principles of management. Fayol suggested that dividing work into small jobs lead to specialization that further results in effective and efficient output.
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