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EXPLAIN SCIENTIFIC MANAGEMENT THEORY
A management approach, formulated by Frederick.W.Taylor and others among 1890 and 1930, that sought to determine scientifically the best methods for performing any task, and for selecting, training, and motivating In the United States workers. Scientific management theory arose in part from the need to enhance productivity. Skilled labour was in short supply at the starting of the twentieth century. The only way to expand productivity was to raise the efficiency of workers. Therefore Frederick.W.Taylor, Henry.L.Gantt and Frank devised the body of principles called as Scientific Management Theory.
Laboratory Versus Field Experiments: Marketing experiments can be conducted in a laboratory or in the field. In laboratory experiments test subjects. Usually consumers are broug
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Q. What are the principles of preventive control? 1) Managers performance as well undergoes evaluation 2) Professional managers commit minimum errors and 3) Management fundamen
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Corporate Governance, important characteristic of well managed enterprises, assures high standards of transparency, ethical operating practices, accountability and professional man
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