GMS 200 Lecture Notes - Lecture 6: Scientific Management, Human Capital

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GMS 200 Full Course Notes
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GMS 200 Full Course Notes
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Administraive principles: division of labour, authority, discipline, unity of command, unity of direcion, subordinaion of individual interests (thinking as a piece of a whole , not about oneself, remuneraion ( workers should be paid accordingly ) 9: order ( everything has its own place, equity ( equality for all , personnel tenure ( managers always try to hire the best people , iniiaive, espirit de corps. Centralizaion scalar chain (top manager, middle manager ) Bureaucraic organizaion: an ideal, intenionally raional, and very eicient form of organizaion, based on principles of logic and order.

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