ABC Ltd. is engaged in producing electricity from domestic garbage. There is an almost equal division of work responsibility between worker and management. The management even takes workers into confidence before taking important decisions.

1. State the principle of management described in the above para.
2. Identify any two values which the company want to communicate to the society.

What is the objective of ‘Method Study’ as a technique of scientific management?

Principles of Taylor and Fayol are mutually complementary. One believed that the management should not close its ears to constructive suggestions made by the employees while the other suggested that a good company should have an employee suggestion system whereby suggestions which result in substantial time or cost reduction should be rewarded.
Identify and explain the principles of Taylor and Fayol referred in the above para.

Name and explain the principle of management according to which a manager should replace 'I' with 'We' in all his conversations with workers. 

Explain 'Harmony Not Discord' as a principle of Scientific Management.

Principles of Taylor and Fayol are mutually complementary. One believed that the management should not close its ears to constructive suggestions made by the employees while the other suggested that a good company should have an employee suggestion system whereby suggestions which result in substantial time or cost reduction should be rewarded.
Identify and explain the principles of Taylor and Fayol referred in the above para.

Explain how the principles of management:
a. Provide useful insights into the reality and
b. Help in thoughtful decision making.

Explain the technique of scientific management that is the extension of ‘Principle of division of work and specialisation’.

What is meant by principles of management?

State anyone principle of scientific management.

Explain any two techniques of Taylor's Scientific Management.