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Explain the Following Principles of Management: Science, Not Rule-of-thumb. - Business Studies

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प्रश्न

Explain the following principles of management:

Science, not rule-of-thumb.

उत्तर

Science, not a rule of thumb: According to Taylor, instead of a rule of thumb, scientific management practices should be followed. Under the rule of thumb, a trial and error method is used wherein each manager handles a situation in his own manner as and when it arises. According to Taylor, scientific management practices should be used. The best method of doing a task which would maximise efficiency should be developed. It would then replace the rule of thumb method. This would help in reducing the cost and improving efficiency.

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2014-2015 (March) All India Set 1

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