Principles Of Management - Complete Chapter in 30 Minutes | Class 12th Business Studies🔥

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PRINICPLES OF MANAGMENT (POINTERS LIST)
CHARACTERISTICS/FEATURES/NATURE OF PRINICPLES OF MANAGEMENT
1. General Guidelines
2. Flexible
3. Formed by practice and experiments
4. Universal Applicability
5. Behavioral nature
6. Based on cause and effect relationship
7. Contingent
IMPORTANCE/SIGNIFICANCE OF PRINCIPLES OF MANAGMENT
1. Providing managers with useful insights into reality
2. Scientific decisions
3. Fulfilling social responsibility
4. Optimum utilisation of resources and effective administration
5. Meeting changing environment requirments
6. Management training, education and research
FAYOL'S PRINCIPLES OF MANAGMENT
1. Division of work
2. Authority and responsibility
3. Discipline
4. Unity of command
5. Unity of direction
6. Subordination of individual interest to general interest
7. Remuneration to employees
8. Centralisation and decentralisation
9. Principle of scalar chain
10. Principle of order
11. Equity
12. Stability of personnel
13. Initiative
14. Espirit de corps
SCIENTIFIC MANGMENT (TAYLOR)
PRINICPLES
1. Science, not rule of thumb
2. Harmony, not discord
3. Co-operation, not individualism
4. Development of each and every person to his/her greatest efficiency and prosperity
SCIENTIFIC TECHNIQUES
1. Function foremanship
2. Standardisation and simplification of work
3. Work study
A. Fatigue study
B. Method study
C. Time study
D. Motion study
4. Differential piece wage system

[@aasmarora]

TQ

[@abhinavgupta4349]

1.Divisonal Of Work
2.Authority And Responsibility
3.Discipline
4.Unity of Command
5.Unity Of Directions
6.Subordination Of Individuals Interest To General Interest.
7.Remuneration Of Persons.
8.Centralisation And Decentralisation.
9.Principle Of Scalar Chain.
10.Principle Of Order.
11.Principle Of Equity.
12.Stability Of Tenure Of Personnel.
13.Initiative.
14.Esprit De Corps.

[@rahulyadavvlogs-iv2nv]

Division of work
Authority and responsibility
Discipline
Unity of command
Unity of direction
Subordination of individual interest to general interest
Remuneration
Centraliation and decentralisation
Scaler chain
Principle of order
Principle of equity
Stability of tenure of personal
Initiative
Esprit de crop ❤

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15:03 14 Principle

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2:45 and 48:45

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3:03

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Of works

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7 may 2024

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Only 15 to 25 minutes video important topics notes wise all chapters ❤

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.....

[@azlaanfn4122]

PRINICPLES OF MANAGMENT (POINTERS LIST)
CHARACTERISTICS/FEATURES/NATURE OF PRINICPLES OF MANAGEMENT
1. General Guidelines
2. Flexible
3. Formed by practice and experiments
4. Universal Applicability
5. Behavioral nature
6. Based on cause and effect relationship
7. Contingent
IMPORTANCE/SIGNIFICANCE OF PRINCIPLES OF MANAGMENT
1. Providing managers with useful insights into reality
2. Scientific decisions
3. Fulfilling social responsibility
4. Optimum utilisation of resources and effective administration
5. Meeting changing environment requirments
6. Management training, education and research
FAYOL'S PRINCIPLES OF MANAGMENT
1. Division of work
2. Authority and responsibility
3. Discipline
4. Unity of command
5. Unity of direction
6. Subordination of individual interest to general interest
7. Remuneration to employees
8. Centralisation and decentralisation
9. Principle of scalar chain
10. Principle of order
11. Equity
12. Stability of personnel
13. Initiative
14. Espirit de corps
SCIENTIFIC MANGMENT (TAYLOR)
PRINICPLES
1. Science, not rule of thumb
2. Harmony, not discord
3. Co-operation, not individualism
4. Development of each and every person to his/her greatest efficiency and prosperity
SCIENTIFIC TECHNIQUES
1. Function foremanship
2. Standardisation and simplification of work
3. Work study
A. Fatigue study
B. Method study
C. Time study
D. Motion study
4. Differential piece wage system
5. mental revolution

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