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SCIENTIFIC MANAGEMENT

Scientific Management Here we understand the concept and elements of scientific management  & the benefits and the criticisms of scientific management. The operating a business enterprise the management has two possible approaches the first is referred to as the traditional management, involving either a subjective or an intuitive evaluation of the problem and making of a decision. This is also called hit-or-miss and rule-of-thumb...

COMPANY

Objectives: 1.    To understand the meaning and characteristic features of company form of organisation. 2.    To understand the different kinds of companies 3.    To understand the merits and limitations of company form of organisation The scientific and technological developments, efficient means of transport and communication and the socio cultural development of the people have necessitated...