Tag Archives | Management

Scientific Management: Essence, Significance and Limitations

After reading this article you will learn about:- 1. Essence of Scientific Management 2. Significance of Scientific Management 3. Limitations. Essence of Scientific Management: Taylor advocated that principles of scientific management could succeed only if there was 'complete mental revolution'. Rather than management and workers having conflict with each other over sharing of organisational profits, mental revolution aimed at fusion [...]

By |2016-08-09T07:56:38+05:30August 9, 2016|Management|Comments Off on Scientific Management: Essence, Significance and Limitations
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Principles of Management: Essay on Principles of Management

This essay throws light upon the top fourteen principles of management according to Henry Fayol. The principles are: 1. Division of Labour 2. Authority and Responsibility 3. Discipline 4. Unity of Command 5. Unity of Direction 6. Subordination of Individual Interest to General Interest 7. Remuneration 8. Centralisation 9. Scalar Chain 10. Order 11. Equity 12. Stability of Tenure 13. [...]

By |2016-08-09T07:56:38+05:30August 9, 2016|Management|Comments Off on Principles of Management: Essay on Principles of Management
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Management Science and Scientific Management: Comparison

After reading this article you will learn about the comparison between management science and scientific management. Difference between Management Science and Scientific Management: Management Science: 1. It focuses on overall decision-making process. Technical efficiency or technology is a means rather than an end to arrive at optimum decisions. 2. It emphasises on mathematical models for planning and control. The impact [...]

By |2016-08-09T07:56:38+05:30August 9, 2016|Management|Comments Off on Management Science and Scientific Management: Comparison
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