Lecture: 4-5

Time and motion studies was adopted in Administrative Management theory to increase productivity. 

How many management thoughts/approaches were discussed in the class?

Science, not rule of thumb ( traditional rule) was discussed in Scientific Management theory.

How many Elements of the management were discussed by the H. Fayol?

Remuneration was the one principle which was discussed by-

The book "The Wealth of Nations" was published in 1776 

'One best way' was discussed by-

How many principles of management were described by the Max Weber?

Industrial revolution was occurred in -

Development of money economy is responsible for the birth of Bureaucratic management theory.