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Management Theory (Scientific Management (F.W Taylor (taylorism (Four main…
Management Theory
Scientific Management
F.W Taylor
taylorism
Four main principles
Scientific selection and development of workers
Cooperation of workers and management
True science of work
the division of labour
H. Gantt
Ganett chart
frank gilbreth
Lillian Gilbreth
mother of modern management
Administrative Mgt
Henri Fayol
14 Principles of Management
1 Division of Work
2 Authority
3 Discipline
4 Unity of command
Receive order from only one manager
5 Unity of direction
6 Subordination of Individual Interests to the General
7 Remuneration
8 Centralisation
9 Scalar Chain
10 Order
11 equity
12 Stability of Tenure of Personnel
13 Initiative
Esprit de Corps
Business Activities
Commercial
Technical
Security
Managerial
Planning
Organisation
Command
Co-ordination
Control
Accounting
Finance
Fayolism
Research and Teaching of Management