Scientific Management It Shows the application of science to management It means conducting business activities according to standard tools and methods, and staff trained to increase output, improve quality, and reduce costs and waste. Principles of Scientific Management 1. Science, Read More …
Henri Fayol – Principles of General Management – Father of General management. 1. Division Of Work and Specialization Work should be divided into small tasks/ jobs each performed by a specialist or trained employee. It leads to specialization. This results Read More …
Meaning of Management Principles Principles of management are broad and general guidelines for the decision-making and behavior of managers. Nature/ Characteristics /Features General guidelines Formed by practice and experimentation Contingent Flexible Universal Applicability Cause and effect relationship Significance of management Read More …