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 [...]
This article will help you to learn about the diffeerence between management and administration. Difference between Management and Administration Management 1. Function Performed: It is concerned with formulation of broad objectives, plans and policies. 2. Type of Work: Decision making/thinking function. 3. Level of Authority: Higher levels of management. 4. Decisions to be Taken: It decides what is to be [...]
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 [...]