PRODUCTIVITY OR EFFICIENCY-ORIENTED DEFNITIONS

F.W.Taylor, who is called the father of scientific management, explain management as "the art of knowing what you need to do and then seeing that it is done in the best and cheapest way." He asserted that management having of 75%analysis and 25% common sense.

 The major object of management is to be to secure the maximum use of men and machines and bring material prosperity. These point out the capital bias of managers and ignore the' human side' of management