Chapter 2 principles of management

Question 1

What are priniciples of
Management?

Answer 1

Principles of management are broad and general guidelines for managerial descion making bahaviour

Question 2

Nature/characterstics/features of principles of mgt

Answer 2

1. General guidelines not ready made solution
2. Universally applicable
3. Contingent Dependent upon situation
4. Formed by practice and experimentation
5. Flexible
6. Behavioral

Question 3

Importance of principles of mgt

Answer 3

1. Provide useful inisights into reality
2. Optimum utlilization of resources
3. Scientific/thoughtful descions
4. Helps in meeting changing requirements
5. Fulfilling social responsibilities
6. Management training, education and research

Question 4

Fayol’s principals

Answer 4

1. D Division of work Brings specialisation
2. A Authority and responsibility * * Balance bw them
3. D Discipline *Obidience of org rules
4. P Principle of equity No discrimination
5. E Espirit De Corps Unity Team spirit I should be replaced with we
6. P Principal of scalar chain
   * Auhtority = power* * There should be a formal arrangement* Emergency case to break the chain- Gang plan
   *
7. S Stability of personnel Do not change employees freq
8. I Initiative
9. P Principle of order Fixed arrangement
10. C Centralisation and decentralisation Both are needed
11. S Subordiantion of individual interest to general interest Employee’s should priortize org goal
12. R Renumeration Money acc to their work and qualification, your paying capacity, competitive rate in evironment
13. U Unity of command Only one superior
14. U Unity of direction Only one goal

Question 5

FW TAYLOR’S SCIENTIFIC PRINCIPALS

Answer 5

1. Science not a rule of thumb * There is a scientific method for everything. There is one method for maximum effienciency which can be derived through experimentation and observation
2. Harmony not discord Having a positive approach, not a negative one *discord- negativeRequires mental revolution*
3. Cooperation, not individualism Equal division of work, both should realise they need each other
4. Devlopment of each and everyperson to his/her greatest effieciency and prosperity Work assgined acc to capability, and give them training until they reach their max potential

Question 6

Taylor’s functional foremanship

Part of Taylor’s scientific techniques.

Answer 6

***Lower level HEADs **
Factory mai 2 dept.

Planning Department
DIRTY
1. Disciplinarian
2. Instruction card clerk
3. Route clerk
4. Time and cost clerk

PRODUCTION DEPT
SIR-G
1. Speed boss
2. Inspector
3. Repair boss
4. Gang boss

Question 7

Taylor’s Scientific Techniques

Answer 7

1. Functional Foremanship
2. Standardisation and Simplification of work
3. Motion Sutdy Movement of workers
4. Method study Finding the best method through a scientific way
5. Time study
6. Fatigue study
7. Diffrential piece wage system Pay on the basis of output, increases motivation within employees