Archive | Management

Contribution of Management Thinkers

After reading this article you will learn about the contribution of various management thinkers towards management:- 1. Contributions of F.W. Taylor 2. Contributions of Henri Fayol 3. Contributions of Elton Mayo 4. Contributions of Gilbreth 5. Contributions of Gantt. Contributions of F.W. Taylor to Management: Fredrick Winslow Taylor is known as the founder of Scientific Management. Taylor laid the foundation [...]

By |2017-02-06T21:13:34+05:30February 6, 2017|Management|Comments Off on Contribution of Management Thinkers

Management Development: Meaning, Importance and Techniques

After reading this article you will learn about:- 1. Meaning of Management Development 2. Objectives of Management Development 3. Importance 4. Techniques 5. Programmes 6. Performance Appraisal. Meaning of Management Development: Management development is a planned and organised process and programme of training and growth whereby an individual manager or executive (at each level of management hierarchy) gains knowl­edge, skills [...]

By |2017-02-06T21:13:34+05:30February 6, 2017|Processes|Comments Off on Management Development: Meaning, Importance and Techniques

Mathematical Models: Types, Structure and Advantages | Decision Making

After reading this article you will learn about:- 1. Types of Mathematical Models 2. Structure of Mathematical Models 3. Characteristics 4. Advantages 5. Disadvantages. Types of Mathematical Models: Models may be classified as: (1) Iconic (Sale) Model: An iconic model is a physical replica of a system usually based on a different scale than the original. These may appear in [...]

By |2017-02-06T21:13:33+05:30February 6, 2017|Decision Making|Comments Off on Mathematical Models: Types, Structure and Advantages | Decision Making
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