Explain in management system.
a. Administrative Theory (Basic 14 principles of Henri Fayol)
b. Scientific Management Theory
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- Henri Fayol created Administrative Theory or 14 principles of management on the management. His Administrative Theory or 14 principles of management following are: ... Subordination of Individual Interests to the General Interest: The management must see that its aims are always supreme.
- Scientific management is a management theory that analyzes work flows to improve economic efficiency, especially labor productivity. This management theory, developed by Frederick Winslow Taylor, was popular in the 1880s and 1890s in U.S. manufacturing industries.
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