Principles of Scientific Management
Principles of Scientific Management by F. W. Taylor F. W. Taylor (Fredrick Winslow Taylor) is the founder of this theory. Based on many experiments and …
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Factors influence choice of production
Factors influence choice of production or manufacturing type Production system is a transformation process of converting input into output. Input consists of raw material or …
Big Five Factors: Five Factor Theory
Big Five Personality Traits Big five model also called ocean model of five factors. Five factors are of personality trains which had extended by Lewis …
Workmen’s Compensation Act, 1923
Growing economy strives to grow the industries my advancements in the technologies. Many companies use new machineries. Operating some of machineries may involved some risk …
Types of Coordination
Coordination: Principles and |Types Different functional areas of organization involved in completion of varieties of work. All the work or activities distributed among the departments, …
Cognitive Learning Theory
The cognitive learning theory created by Edward Tolman (American Psychologist). This theory states that the advanced learning (Latent Learning) is the apparent learning which observed …
Significance of Management
Significance of Management Management ensures the excellency in the execution of all the activities of business. The principles of management play vital role in making …
Production Function: meaning and types
Production shows the relationship between input resources utilized to produce the product and output that is in the form of ready product. This product is …