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Principles of Management

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Business Studies I

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Business Studies

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CBSE Gujarat Board Haryana Board

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Class 10 Class 12

What is the objective of ‘Method Study’ as a technique of scientific management?


The objective of method study is to find out one best way of doing the job. There are various methods of doing the job. To determine the best way there are several parameters. Right from procurement of raw materials till the final product is delivered to the customer every activity is part of method study.

491 Views

Principles of Taylor and Fayol are mutually complementary. One believed that the management should not close its ears to constructive suggestions made by the employees while the other suggested that a good company should have an employee suggestion system whereby suggestions which result in substantial time or cost reduction should be rewarded.
Identify and explain the principles of Taylor and Fayol referred in the above para.


Taylors principle of management which says, management should not close its ears to any constructive suggestions made by the employees, is Cooperation. There should be complete cooperation between the labour and the management instead of individualism. They should be part of management and, if any important decisions are taken, workers should be taken into confidence.
According to Fayol’s principle of management, Workers should be encouraged to develop and carry out their plans for improvements. It is based upon the principle of initiative. Initiative means taking the first step with self-motivation. It is thinking out and executing the plan. Initiative should be encouraged. A good company should have an employee suggestion system whereby initiative/ suggestions which result in substantial cost/time reduction should be rewarded.

717 Views

Principles of Taylor and Fayol are mutually complementary. One believed that the management should not close its ears to constructive suggestions made by the employees while the other suggested that a good company should have an employee suggestion system whereby suggestions which result in substantial time or cost reduction should be rewarded.
Identify and explain the principles of Taylor and Fayol referred in the above para.


Taylors principle of management which says, management should not close its ears to any constructive suggestions made by the employees, is Cooperation. There should be complete cooperation between the labour and the management instead of individualism. They should be part of management and, if any important decisions are taken, workers should be taken into confidence.
According to Fayol’s principle of management, Workers should be encouraged to develop and carry out their plans for improvements. It is based upon the principle of initiative. Initiative means taking the first step with self-motivation. It is thinking out and executing the plan. Initiative should be encouraged. A good company should have an employee suggestion system whereby initiative/ suggestions which result in substantial cost/time reduction should be rewarded.

894 Views

Explain 'Harmony Not Discord' as a principle of Scientific Management.

 


In an organisation, there is always a chance for conflict between employer and employee due to class difference. Taylor recognised this and emphasised that there should be complete harmony between the management and workers. To achieve this state, Taylor called for complete mental revolution on the part of both management and workers. It means that management and workers should transform their thinking. Management should share the gains of the company, with the workers and at the same time, workers should work hard and be willing to embrace change for the good of the company.

1477 Views

Name and explain the principle of management according to which a manager should replace 'I' with 'We' in all his conversations with workers. 


In this case, Fayol’s principle of ‘Espirit de Corps’ can be applied. According to Fayol’s principle of ‘Espirit De Corps’, A manager should replace ‘I’ with ‘We’ in all his conversations with workers to foster team spirit. This will give rise to a spirit of mutual trust and belongingness among team members. It will also minimise the need for using penalties. 

431 Views