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Episode 16 Class 12th Business Studies Scientific Management by FW Taylor
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In this episode we will discuss about Scientific Management by FW Taylor. It will include background and history of FW Taylor, meaning and definitions of scientific management and four principles of scientific management given by FW Taylor. Following are the Scientific Principles of Management :. 1) Science not rule of thumb. 2) Harmony not discord. 3) Cooperation not individualism. 4) Development of each and every worker to their greatest efficiency and prosperity.
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