(i) Science, Not Rule of Thumb: Taylor emphasized using scientific methods to determine the most efficient way of doing work rather than relying on traditional or hit-and-trial methods. For instance, standardizing tools, work methods, and work environment after careful study increases productivity.
(ii) Cooperation, Not Individualism: Taylor advocated for a harmonious relationship between workers and management. Workers should be treated as partners in progress, not as adversaries. There must be mutual understanding and open communication.
(iii) Development of Each Person to Their Efficiency: Taylor believed in the systematic training and development of workers so that they could perform to the best of their abilities. This leads to both personal growth and increased prosperity for the organization.
Final Answer: These principles aim to increase productivity, foster cooperation, and improve individual potential.
Match the Levels of Management given in Column I with the functions performed at each level given in Column II:
Column I | Column II |
1. Top Level Management | (i) They directly oversee the efforts of the workforce. |
2. Middle Level Management | (ii) They ensure that their department has the necessary personnel. |
3. Operational Management | (iii) They are responsible for the welfare and survival of the organisation. |
Choose the correct option:
Let \(\mathbf{a}, \mathbf{b}\) and \(\mathbf{c}\) be three vectors such that $\mathbf{a} \times \mathbf{b} = \mathbf{a} \times \mathbf{c} \text{ and } \mathbf{a} \times \mathbf{b} \neq 0 \text{ Show that } \mathbf{b} = \mathbf{c}$.
A carpenter needs to make a wooden cuboidal box, closed from all sides, which has a square base and fixed volume. Since he is short of the paint required to paint the box on completion, he wants the surface area to be minimum.
On the basis of the above information, answer the following questions :
Find \( \frac{dS}{dx} \).
Bittu and Chintu were partners in a firm sharing profit and losses in the ratio of 4:3. Their Balance Sheet as at 31st March, 2024 was as
On $1^{\text {st }}$ April, 2024, Diya was admitted in the firm for $\frac{1}{7}$ share in the profits on the following terms:
Prepare Revaluation Account and Partners' Capital Accounts.