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Financial Accounting – II:
An assessment of the pre-classical contributors shows that their efforts were fragmentary. All in all, applied their efforts to develop specific techniques or solutions. They laid the groundwork for it major management theories that came later.
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The classic view is divided into three parts. Scientific management. Bureaucratic management. Administrative proceedings 1. Scientific management: Scientific management is defined as the use of the scientific method to define the “one best way” to get the job done. Important posts: Frederick W. Taylor is known as the “Father of Scientific Management”. Taylor’s work in The Bethlehem Steel companies motivated his interest in improving efficiency.
MGT401 FINAL TERM SOLVED PAPERS:
Taylor sought to create a mental revolution among both workers and managers by definition clear guidelines for improving production efficiency. He defined four principles of management.
