Business Studies, asked by shrishtikatar4907, 11 months ago

What is meant by scientific management state its main merits and limitations?

Answers

Answered by TheDreamCatcher
2

Explanation:

Advantages of Scientific Management for an Organization

(1) Reduction in the Cost of Production:

(2) Better Quality Products:

(3) Benefits of Division of Labour:

(4) Avoidance of Disputes between Labour and Management:

(5) Increased Wages:

(6) Gains to Owners/Investors:

(7) Proper Methods of Selection and Training of Workers:

(8) Provision of Better Working Conditions:

Answered by lTheDreamCatcherl
2

Article shared by : Scientific management implies the application of scientific methods of study and analysis of the problems of management. ... It is a systematic approach as compared to the rule of thumb or trial and error approach.

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