Taylor's principles of scientific management and Fayol's principles of management are mutually complementary. Both of them evolved their principles through practical experience and brought them forward to the world through their books. Both of them realized the importance of management in industrial progress. As a result, they endeavoured to develop a rational and systematic basis of management. However, the two [...]
After reading this article you will learn about the relation and difference between co-ordination and co-operation. Relationship Between Co-Ordination and Co-Operation: Co-ordination is an orderly arrangement of group efforts to provide unity of action in the pursuit of common objectives. It means bringing together the efforts of different components of the organisation in order to give them a unity of [...]
After reading this article you will learn about the difference and relationship between authority and responsibility. Difference between Authority and Responsibility: Authority: 1. It is the legal right of a superior to command his subordinates. 2. Authority normally arises because of position of the boss in the organisation. 3. Authority can be delegated by a senior to his subordinate. 4. [...]