Principles of Management



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Contents

Meaning Of 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.


Fayol'S Principles of Management


Description: Fayol's Principles of Management are foundational guidelines for managerial practices, encompassing principles like unity of command, division of work, and scalar chain.


F.W. Taylor and Scientific Management


Description: F.W. Taylor's Scientific Management emphasizes systematic approaches to optimize efficiency through time and motion studies, standardization, and incentive-based work practices.


Functional Foremanship


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.


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