Explain the following principles of management:1. Science, not rule-o

1.	Explain the following principles of management:1. Science, not rule-of-thumb2. Discipline
Answer» 1. Science, not rule of thumb: This principle states that: a. There may be only one best way/method to maximise efficiency. b. This method can be developed through scientific study and analysis of each element of a job and should substitute ‘Rule of Thumb’. c. This standard method then should be followed throughout the organisation. 2. Discipline: This principle states that: a. We must obey the organisational rules and employment agreement which are necessary for the working of the organisation. b. There must be good superiors at all levels, clear and fair agreement and judicious application of penalties. c. Workers and management both should honour their commitments towards one another without prejudice.

Explain the following principles of management:1. Science, not rule-of-thumb2. Discipline

Answer»

1. Science, not rule of thumb: This principle states that:

a. There may be only one best way/method to maximise efficiency.

b. This method can be developed through scientific study and analysis of each element of a job and should substitute ‘Rule of Thumb’.

c. This standard method then should be followed throughout the organisation.

2. Discipline: This principle states that:

a. We must obey the organisational rules and employment agreement which are necessary for the working of the organisation.

b. There must be good superiors at all levels, clear and fair agreement and judicious application of penalties.

c. Workers and management both should honour their commitments towards one another without prejudice.