📝 One-liners · 65 cards
basic of management
What is the primary purpose of management in an organisation?
Management coordinates human and material resources to achieve organisational goals efficiently and effectively through planning, organising, leading, and controlling.
What is the concept of 'Division of Labour' in management theory?
Splitting tasks among workers to increase specialisation and efficiency.
Which theorist is credited with developing the principles of Scientific Management?
Frederick Winslow Taylor developed Scientific Management, emphasising time-and-motion studies, standardisation, and selecting the right worker for the right job.
What is the meaning of 'Esprit de Corps' in Fayol's 14 principles?
Team spirit and unity among employees for organisational harmony.
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