Principles of Management
Description: Principles of Management refer to fundamental guidelines and concepts that guide managerial decision-making and practices to achieve organizational goals effectively and efficiently.
Description: Fayol's Principles of Management are foundational guidelines for managerial practices, encompassing principles like unity of command, division of work, and scalar chain.
Description: F.W. Taylor's Scientific Management emphasizes systematic approaches to optimize efficiency through time and motion studies, standardization, and incentive-based work practices.
Description: Functional Foremanship is a management system advocated by F.W. Taylor, where specialized supervisors oversee specific aspects of production, aiming to enhance efficiency and productivity in manufacturing processes.
