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State three different between the contributions …

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State three different between the contributions of Taylor and Fayol.

Posted by Reshma Ramesh 4 years, 3 months ago

CBSE > Class 12 > Business Studies

1 answers

Yogita Ingle 4 years, 3 months ago

<th>BASIS FOR COMPARISON</th> <th>HENRY FAYOL</th> <th>F.W. TAYLOR</th>

Meaning	Henry Fayol, is a father of modern management who laid down fourteen principles of management, for improving overall administration.	F.W. Taylor, is a father of scientific management who introduced four principles of management, for increasing overall productivity.
Concept	General theory of administration	Scientific Management
Emphasis	Top level management	Low level management
Applicability	Universally applicable	Applies to specialized organizations only.
Basis of formation	Personal Experience	Observation and Experimentation
Orientation	Managerial function	Production and Engineering
System of Wage Payment	Sharing of profit with managers.	Differential Payment System
Approach	Manager’s approach	Engineer’s approach

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