Advertisement

How do the techniques of scientific management improve the productivity of workers?


The technique of scientific management has helped in improving the productivity of the workers in the following manners.

  1. It establishes better relations between labour and management.
  2. Profit is increased many times due to effective integration of right men, materials,
    money and method.
  3. The use of standardized raw materials, equipments, machines and method produce standard article at minimum possible price.
  4. It enables the management to reduce the cost of production.
  5. It helps in providing better working condition and higher standard of living.

57 Views

Advertisement

Explain the nature of management principles.


Explain the importance of management principles


An entrepreneur wants to start his business in backward area because government gives many incentives and rebates in taxes. Which results in low cost and he will be able to sell the product at low prices. There he will be able to get large area by deforestation. Which values are being affected here?


Management is a science like physics or chemistry. Do you agree with this statement? Give reasons in support of your answer.


First 1 2 3 Last
Advertisement