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Q.OR — Discuss the Principles of Management formulated by Taylor (any four).

Chhattisgarh CgbseCGBSE Chhattisgarh Higher Secondary Class 12 (Commerce) 2020Subjective· 4mImportance★★★★★
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Taylor's principles: science not rule of thumb; harmony not discord; cooperation not individualism; development of each worker.

F. W. Taylor developed scientific management to improve efficiency. His four principles are:

  1. Science, not Rule of Thumb — Every job should be done by a scientifically studied 'one best method' found through investigation, not by guesswork or tradition.

  2. Harmony, not Discord — There should be complete harmony between management and workers; both should realise they need each other (Taylor called this a 'Mental Revolution').

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