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Management theories are very helpful - as more theories come out it becomes more apparent that there is no single theory - and that every approach has its time and place.

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Example of the application of scientific management theories in todays organization?

There are many examples and applications when talking about scientific management theories that still linger around in today's organizations. The main one mentioned in a lot of organizations still is called F.W. Taylor's scientific management theory.


Explain why you think effective time management is important in business management?

Time is money. Effective time management is a must in todays competetive world. By performing the basic functions of management, a business is bound to flourish. There are lot of advantages of effective time management.


How 14 principals of management can be used in todays organization?

actually theirs only one principal. Fire inefficient workers. if you scared of having to pay severance fee make their life a living hell. so they quit and you dont need to pay them extra. PS if i was your boss i'd fire you for going to answers.com


What are some of the business drivers for today's information systems?

what are some of the business drivers for todays information system


Why is strategic management dynamic not static?

Strategy is always a recurring mechanism which can be achieved by dynamic approach but not a static approach...to an extent strategy can be static...for instance..when a company has achieved break-even or when there is monopoly or when the company has highly equipped technology....but, this situation will not be stagnant in any company.....whereas dynamic approach is needed for continuos r&d in a company...and in todays world, dynamic approach is definitely needed because of huge competition due to Globalization.

Related Questions

Example of the application of scientific management theories in todays organization?

There are many examples and applications when talking about scientific management theories that still linger around in today's organizations. The main one mentioned in a lot of organizations still is called F.W. Taylor's scientific management theory.


Importance of Information technology in todays organisation?

it is used in communication for inventory management for data management for customer relationship management


What is the difference between todays windmill and past windmills.?

Todays windwill are very strong and really helpful but back then it cant absorb much of the powe.


Explain why you think effective time management is important in business management?

Time is money. Effective time management is a must in todays competetive world. By performing the basic functions of management, a business is bound to flourish. There are lot of advantages of effective time management.


How can managers blend the guidelines for making effective decisions in todays world with the rationality and bounded rationality models of decision making?

how can managers blend the guidelines for making effective decisions in today's world with the rationality and bounded rationality models of decision-making or can the


What is todays code?

wa is todays code plz


What are todays uses for sulfur?

what are todays uses for sulfur


What is current gold price in India?

Prices fluctuate daily. Current, without a date, is not helpful. This question may be read a year from now. Or more. Giving 'todays' price would not apply.


What is the role of information in effective management?

Information in todays world of globalisation plays the major role for the success of any business organisation.As management is the top most part of any organisation and it has to manage the whole organisation as per the needs and requirements of the present and the future happenings,so if management is not propely updated with the recent information than it could not be a successful or an effective management.


Views on topic women are good managers?

Yes, without a doubt I can agree with the statement that women are good managers. With the industralised and competetive world like todays women are not only managing there homes well but also their respective job positions. These days you come across so many successful women who are not only there for their families but are also climbing the cooperate ladder.


Can you get in house financing with a bankruptcy?

It is very, very dificult, especially in todays lending environment. Of course how far back it is, how much your downpayment is, and having completely pristine credit and income since can be helpful factors.


The general principles of management is the theory applicable to your todays management?

Principles of Management Definition:Principles of management are fundamental rules of management that could be taught in schools and applied in all organizational situations.Fayol's 14 Principles of Management:Division of work: Specialization increases output by making employees more efficient.Authority: Managers must be able to give orders and authority gives them this right.Discipline: Employees must obey and respect the rules that governs the organization.Unity of command: Every employee should receive orders from only one superiorUnity of direction: The organization should have a single plan of action to guide managers and workers.Subordination of the individual interests to the general interest: The interest of any one employee or group of employees should not take precedence over the interests of the organization as a whole.Remuneration: Workers must be paid a fair wages for their services.Centralization: This term refers to the degree to which subordinates are involved in decision making.Scalar chain: The line of authority from top management to the lowest ranks is the scalar chain.Order: People and materials should be in the right place at the right time.Equity: Managers should be kind and fair to their subordinates.Stability of tenure of personnel: Management should provide orderly personnel planning and ensure that replacements are available to fill vacancies.Initiative: Employees who are allowed to originate and carry out plans will exert high levels of efforts.Esprit de corps: Promoting team spirit will build harmony and unity within the organization.

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