PRINCIPLE OF FW TAYLOR.....
Management is a universal application . It is applied by large scale company , multinational company in evey country ,continent in world market to achieve their goal. There are many scholers,Entrepreneurs,Engineers contribute there best for the development of Management. These are Henri Fayol, F.W.Taylor, Charles Babbage and so on.Among all FW Taylor is one of them whose contribution is maximum so he is called the father of Scientific Management. Principle of Scientific Management There are four principals of F.W.Taylor.These principals are as below; 1. Rule of thumb; It is the first principle of F.W.Taylor. According to this principle there are many methods of performing every work. Manager should study every method scientifically and choose, apply one of best method that helps to maximize the production of organisation. 2. Scientific selection- It is the second principle of F.W.Taylor.There are many hundred workers work inside organisation. Workers are the main asset...