MGT402 FINAL TERM SOLVED PAPERS
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Cost & Management Accounting:
Most of the contributors we recognize today were twentieth-century people. B. Pre-Classical Contributors: These contributors presented their ideas before the end of the 19th century. 1. Robert Owen (1771-1858) was a British industrialist who championed the interest of the working and living conditions of the workers, many of whom are young children.
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Many of his contemporaries thought he was radical for such ideas. 2. Charles Babbage (1792-1871) is considered the “father of modern computing”. He foresaw the need for occupational specialization involving mental work. In his management ideas, he envisioned the concept of profit sharing to improve productivity.
MGT402 FINAL TERM SOLVED PAPERS:
Henry E. Towne (1844-1924) called for the establishment of management science and the development of management principles that could be applied across management situations.